Going Gently into that Good Night: Japan’s Low Birthrate No one can dispute that nations which have a below-replacement-level birthrate are nations that face significant challenges moving forward. Specifically, as the population ages, the tax base shrivels up; as fewer young people move into the labour market because too few are being born, acute labour shortages emerge that constrict economic growth and prosperity; and, of course, when a population ages, the vitality and entrepreneurialism and energy that young people offer slowly dissipates. This paper will look at one specific issue – the decision of many Japanese to have few, or no, babies – and what it augurs for the Japanese culture. Principally, as the country grows older, it is...The end:
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