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The Effect of the Baby Boomer Generation on Japan.
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Yoshida Kazuo
In 2007, Japan's economy and society will be at an important crossroads, which is known as the Year 2007 problem. The problems that will occur in 2007 are of many different sorts. The first is the issue of population decrease. In 2007, it is estimated that the population of Japan will start declining for the first time ever, and some experts predict that the decline will start even before 2007. There is growing concern about the negative impact on Japan's economic growth and the severe financial problems caused by the aging of the population. Also in 2007, the number of university ...
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