This piece was on my weekend reading list and it contains the following surprising stat which I was completely unaware of.
There’s frequent evidence for that in economic data, and in the country’s destiny to become ever-smaller, doomed by demographics that will shrink the population from about 127 million today to 47 million in 2100, according to government data.
I understood that Japan had a rapidly ageing population but I didn’t quite appreciate the overall impact this would have on population growth.
It does appear that Japan has done a good job of shooting itself in the foot. Having been the envy of the world in the 1980’s it has become mired in a strange form of corporate culture which is best typified by the Olympus scandal.