Why Japan’s Aging Population Is an Economic Time Bomb
Japan’s population is aging very fast, and it could pose severe economic challenges if not fixed.
___
This video is based on publicly available data and research. While we aim for accuracy, interpretations are our own and should not be considered as the only perspective. Viewers are encouraged to explore the sources provided for a deeper understanding.
___
Inquiries: behindasian@gmail.com
Brought to you by the Behind Asian Team.
22 Comments
Do you think Japan's aging population is the country's biggest problem?
and another case i see in internet that japan man married with they robot waifu ,she is not human okk she is robotic ,can you imagine humana married the non human?? japan is sometime weird i can say because i like japan i know everthing about japan my country also not far form them so we can fell they impact at world
hello my friend, greetings from support from Indonesia, I hope the channel and fans continue to grow and increase, sharing very interesting information
11:40 as i say if japan dont change they work life then they will make foreigner worker same like japan ,i dont want it ,more willing work in middle east or singapore that produce more money
they do not spend the ASTRONOMIC health care spending of USA on healthcare
I don't think you should be looking at the median age but rather the mean age.
An increasing median age just implies that people are living longer.
Whereas an increasing mean age is what actually defines an aging population.
This is why they say its easy to lie with statistics.
Lotta weird Asian propaganda/lies going on in the comments here…
Make it 0.10 🙏💯…
Japan’s aging population is a significant issue that demands urgent attention. The country faces a shrinking workforce, and it’s clear that the government needs to embrace foreign talent to sustain economic growth. However, there seems to be a stubborn reluctance—or perhaps even shortsightedness—on the part of policymakers to open the doors to more foreigners. If not due to a lack of foresight, it may be driven by self-serving interests.
The younger working population is already shouldering a heavy tax burden, with significant deductions from their income. For middle- and lower-income earners, this strain is unsustainable and highlights deeper systemic issues. Japan risks economic collapse if substantial reforms aren’t made. Lowering taxes would provide much-needed relief and help create a more attractive environment for both domestic workers and potential foreign contributors. It’s time for the government to prioritize long-term sustainability over short-term preservation of the status quo.
The National Pension (NP) system in Japan seems fundamentally flawed. In the event of death, the benefit is available only for surviving family if there are dependent children under the age of 18 (or 20 if the child has a disability).
In Singapore, if someone passes away, the remaining funds in their CPF account are passed on to their family as cash. Moreover, the CPF system offers a significantly higher interest rate, ensuring better returns on contributions. In contrast, Japan’s pension system provides no benefits to family members in many cases, making it seem incredibly unfair and inefficient. It’s a poorly designed system that needs urgent reform.
If a contributor of Japan’s Employees’ Pension Insurance (EPI) passes away, the spouse is eligible for partial survivor payments for life, provided she qualifies as a dependent and does not remarry. Working adult children do not qualify as dependents, so if both parents pass away, they receive nothing, regardless of the parents’ significant contributions. Unlike Singapore’s CPF, which is based on contributions and fully inheritable, Japan’s EPI operates as a non-inheritable insurance system focused on risk pooling and redistribution. The Japanese government should take a serious look at Singapore’s CPF system, which is far superior in comparison.
If a country must deduct significant amounts from the salaries of so many people, including those in the middle- and low-income groups, just to sustain risk pooling, it indicates the system is deeply flawed and heading in the wrong direction.
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I would recommend proof-reading before posting : " Back in the 1990"? @8.08 spelling of government…
I think it is time to eliminate the exemption for tourists paying the consumption tax. That is just my opinion…
日本の面積を考えれば人口が多い気がするし、その人口のお陰で日本は戦争から復興することができた。
今は日本がコンパクト化するための転換期だと思う。
移民を受け入れた国の治安が劣悪になっているのを日本国民は知っているし、すでに一部の偽装難民が日本国内で問題行動を起こしている。
普段温厚に笑っている日本人でも日本の秩序を乱す人に対してとてもストレスを感じでいるから、おそらく移民排斥運動が起きるだろう。
人手不足？日本は余計な仕事をさせる人が多いから、その人達を片付ければ良い。
A country of old men
Very well done except for two burning issues, that are the weakening of the Yen currency and the rising rate of inflation particularly since April 2022 until now! In any case, this video is highly recommended and for which I am grateful. A former World Bank economist.
Imagine the demographics when the population is halved and the assets remain the same, results are that there is more to distribute to less
Japan needs African and Indian men to impregnate the women.
Until people start valuing each other, I don’t care about the reduced population.
There are three things that will eventually come ahead, one is low birthrate, two is going to be mass elderly death rate and lastly is migration. This is when working population is so low that retention will become the countries policy.
Japanese government should allowing international students to work part-time while studying in Japan could have several positive impacts on the Japanese economy:
* Increased Economic Activity: International students contribute to the economy by spending on rent, food, and other goods and services. Part-time work would increase their spending power, boosting local businesses.
* Skill Development: Part-time jobs provide valuable work experience, enhancing the skills and employability of international students. This can benefit both the students and the Japanese companies that hire them.
* Cultural Exchange: Part-time jobs can facilitate cultural exchange and understanding between international students and Japanese society.
* Addressing Labor Shortages: In some sectors, part-time work by international students could help address labor shortages, particularly in industries like hospitality and tourism.
However, it's important to note that there are also potential challenges:
* Exploitation: It's crucial to have strong regulations to prevent the exploitation of international students in low-paying or unsafe jobs.
* Impact on Academic Performance: Excessive part-time work could negatively impact students' academic performance.
To maximize the benefits and mitigate the risks, Japan could implement the following measures:
* Clear Work Hour Limits: Establish clear limits on the number of hours international students can work per week.
* Job Placement Services: Provide guidance and support to international students in finding suitable part-time jobs.
* Monitoring and Enforcement: Implement effective monitoring and enforcement mechanisms to prevent exploitation and ensure compliance with regulations.
By carefully considering these factors and implementing appropriate measures, Japan can create a system that allows international students to contribute to the economy while enriching their educational experience. Moreover they should adopt social environmental and economic management policies of other countries like Argentina Singapore USA Norway Australia Sweden to improve the condition of Japanese currency economic level population stability
is this AI?
Fewer people give Japan more affordable housing and less congestion and pollution. Japan can borrow at the lowest interest rates in the world.