Japan's dilemma: how to cope with an aging population.

Abstract

Future demographic trends in Japan are reviewed, with an emphasis on demographic aging. "It is clear the aging of its population will have an impact on Japan's labor practices, saving and consumption patterns, and demand for public and private resources." The author concludes that "given Japan's past experience in adapting to all types of adversity...its response to demographic shifts will likely enable it to continue its remarkable economic growth."