Anamika PrajapatKnowledge Contributor
How has Japan's aging population affected its society and economy?
How has Japan's aging population affected its society and economy?
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Japan’s aging population, with a declining birth rate and increasing life expectancy, has profound implications for its society and economy. It strains social welfare systems, challenges workforce productivity, and impacts economic growth. Policymakers are grappling with issues such as healthcare costs, pension sustainability, and labor shortages.