Japan's ageing population

Question 1

Details

Answer 1

percentage of over 65 is 25%

percentage of over 65 by 2055 is 40%

Question 2

Causes

Answer 2

1) Lowered birth rates
- later marriages (30.7 for men and 29% for women)
2) Longer life expectancy
- due to excellent medical health care, good diets, and high quality of life

Question 3

Effects

Answer 3

1) The population of Japan will shrink from 127 million in 2007 to 95 million in 2050
2) Healh care and nursing homes cost in 2025 are expected be almost $1 trillion (almost 12% of the countries GDP)
3) Falling working population meaning that there positions as 3rd largest world economy will be impossible to maintain
4) workforce is expected to fall 15% over the next 20 years and halve in the next 50 years

Question 4

Management

Answer 4

1) consumption taxes doubled from 5% to 10% allowing Japan to fund the increasing pensions costs
2) New Angel Plan introduced in 2000 was designed to increase birth-rate by providing free child care and improving working hours for mothers
3) Bandai Corp offered each employee around 100 000 dollars for every baby they had after their first child
4) Relaxing immigration so that young people can work in Japan to help increase the working population