Japan's Aging Crisis

Flora Lau
11/20/19
Japan's Aging Crisis
1.) According to the article, what are the two fundamental aspects of Japan's aging crisis?

Two fundamental aspects of Japan's aging crisis are the increase in the proportion of the elderly in the total population and the slower growth of the population, arising directly from the declining fertility rate.

                   2.) By 2030, what percentage of the Japanese population will be elderly dependents (aged 65+)?

By 2030, one in every three people will be 65 or older

                   3.) What is the direct economic impact of Japan's aging population?

The direct economic impact of Japan's aging population is the slower growth of the population arising directly from the declining fertility rate which reduces the labor force and that is a major factor in production.

                   4.) How is the Japanese government attempting to address the labor shortages?

The Japanese government is attempting to address the labor shortages by setting a target of increasing the fertility rate back to 1.8 by 2025 — a goal unlikely to be achieved so soon, given that the rate was just 1.43 in 2017.

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