japan Flashcards

1
Q

japan old population

A

28.7 % of the population are 65 or older,

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2
Q

birth rate

A

1.34

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3
Q

average age

A

48

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4
Q

aged population fraction

A

1/3

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5
Q

marriage

A

30.7 yrs old for men and 29 yrs old for women

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6
Q

sinking economy

A

GDP will drop by 1% in the next 3 decades

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7
Q

work force falling

A

workforce expected to fall 15% over the next 20 years

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8
Q

healthcare costs

A

1 trillion, 12% of the country’s GDP

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9
Q

population decrease

A

127 million to 95 million by 2050

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10
Q

cause : money

A
  • having kids is expensive → demotivates people to give birth
  • living in japan is expensive, they’re not welcoming towards foreigners, most jobs in japan require skill & education → not a lot of immigrants until recently
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11
Q

cause : healthcare

A
  • better healthcare → lower death rate for older people and increase life expectancy
  • better healthcare → lower infant mortality rate which will lower birth rate
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12
Q

cause : education/career

A
  • low birthrate due to birth control, education, and use of contraception
  • late marriage, 30.7 yrs old for men and 29 yrs old for women
  • high employment rates for married women
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13
Q

problems(11)

A
  • More people are claiming social security (unreduced retirement benefits at full retirement age) than the people who are paying for it
  • losing economic income due to loss of workforce; the work force is expected to fall by 15% by 2035
  • Population will decrease from 127 million to 95 million by 2050
  • healthcare costs are expected to be 1 trillion, 12% of the country’s GDP
  • High pressure and demand on services such as healthcare
  • Sinking economy : GDP will drop by 1% in the next 3 decades
  • Closure of services due to less available workers
  • High dependency ratio : pressure put on working age, workforce expected to fall 15% over the next 20 years
  • Nursing homes : costs will be 1 trillion in 2025, which is 25% of GDP
  • post-industrial towns become delerict due to the lack of workers
  • less innovation and industrial development
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14
Q

solutions (7)

A
  • Encourage families to have kids by decreasing the price for raising a child
  • consumption tax increased from 5% to 10%
  • provide free childcare to encourage birth by employed women
  • relaxing immigration laws to allow more youth population to immigrate into the country
  • prime minister announced 2 trillion yen spending package to expand free preschool for children aged 3-5
  • financial support for low income families
  • cut waiting times for daycare centres
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