Excellent commentary by Jun Saito of the Japan Centre for Economic Research on the economic implications of the The National Institute of Population and Social Security Research’s latest demographic projections. The forecasts cover the period to 2065 when the country will have just 88.077 million people compared with 127.095 million in 2015, a decline of 30.7 percent. By 2115 it could well be few still but the proportion accounted for by the elderly should then have stabilized at around 38%.
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