japan Flashcards
1
Q
japan old population
A
28.7 % of the population are 65 or older,
2
Q
birth rate
A
1.34
3
Q
average age
A
48
4
Q
aged population fraction
A
1/3
5
Q
marriage
A
30.7 yrs old for men and 29 yrs old for women
6
Q
sinking economy
A
GDP will drop by 1% in the next 3 decades
7
Q
work force falling
A
workforce expected to fall 15% over the next 20 years
8
Q
healthcare costs
A
1 trillion, 12% of the country’s GDP
9
Q
population decrease
A
127 million to 95 million by 2050
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
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
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
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
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