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How Is Japan Dealing With Its Rapidly Ageing Population?

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Japan's Population Problem

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Childbearing seems to be in the decrease globally in the developed world. While we have niche dating apps on our cell phones to net a potential date and perhaps embark on a relationship, younger generations tend to miss out on the next steps of marriage and having babies. Thus many nations are recording lower birth-rate figures, and nowhere is this more noticeable than in Japan. But is it just the lack of marriages that is responsible for the drop of 1 million people in Japan’s population statistics? Or are other factors at play? why is Japan’s population decreasing?


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Solutions for An Aging Population

In Bolzano, Italy, almost a quarter of the population is over the age of 65. In fact, Italy, along with Japan, has one of the oldest populations in the world. As a result, Bolzano currently spends close to half of their social programs budget on services for the elderly. This includes assisted living facilities where they receive around the clock care. But assisted living facilities can cost a city and the people who stay there vast amounts of money that, within these economic conditions, municipalities and families just don't have. The solution: keep them in their homes where they are comfortable. IBM's Smarter Cities team partnered with the city to outfit a small group of elderly residents' homes with sensors which would in turn report data back to a central database closely monitored by the city. From there, the city could dispatch a care worker to visit the home. By allowing Bolzano to keep the number of their staff members the same, the program stabilizes the city's costs while simultaneously allowing it to care for its growing elderly population.
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Ageing Population - Revision Webinar

This webinar looks at synoptic issues surrounding ageing economies. How will ageing affect productivity, innovation, competitiveness, growth and the future of the welfare state?
The share of old people is set to rise dramatically and not just in the UK. The share of old people compared to workers has already increased sharply in Japan and Germany, China too is ageing rapidly leading some economists to ask, will China grow old before she grows rich? How will dependency rates change and could this – without reform of health and social care – potentially bankrupt some governments?
Or will attitudes change towards the concept of retirement? Skilled workers for example tend to work longer / later than people will fewer skills and qualifications. Many are changing their attitudes to retirement, business are adapting too.
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Population Ageing and Economic Growth in Japan | Dr Keisuke Otsu | Think Kent

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THINK KENT – INTERNATIONAL THINKERS | GLOBAL IMPACT
Japan is experiencing population ageing in an unprecedented pace where one-third of the adult population today is above the age of 65. What is known is that the rest of the world is set to follow the path of Japan. What is not known is how population ageing affects economic growth. Dr Keisuke Otsu from the University of Kent explores these channels and quantitatively measures their effects.

ABOUT DR KEISUKE OTSU
Dr Otsu is a Lecturer in Macroeconomics and Growth and the Deputy Director of the Macroeconomics, Growth and History Centre (MaGHiC). He received his PhD from the University of California, Los Angeles in 2006 and pursued research at the Bank of Japan, Institute for Monetary and Economic Studies and Sophia University before joining the University of Kent in 2010. His research area is quantitative macroeconomics and economic growth. His current research agenda includes business cycles, structural change and population ageing.

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Population Aging and the Demographic Transtion

Ageing China: What are the challenges facing the country's rapidly ageing population?

Danny Dorling discussing with Tania Lee and Anne-Sophie Parent on Al Jazeera's Inside Story, 03 Jul 2013

The Ageing Population - A Different Lens

It’s a fact of life, every single one of us gets older.
Life expectancies are rising whilst birth-rates are on the decline, are we equipped to deal with the consequences? In this episode of A Different Lens we explore the implications of ageing.
From improving our quality of life and understanding the economic repercussions of getting older, to exploring the changes within family structures and workforce we seek to determine;
Can society adapt to an ageing population?
A Different Lens


Produced by Monash University

Monash Business School
Dr Carly Moulang

Monash Education
Dr Geraldine Burke

Monash Medicine, Nursing and Health Sciences
Professor Joseph Ibrahim
Professor Claire Johnson
Dr Alana Hewitt

Monash University Malaysia
Professor Mahendhiran Sanggaran Nair
Chief Executive Officer, Monash Malaysia R&D

Associate Professor Teh Pei Lee
Monash School of Business, Malaysia

Dr Deepa Alex
Jefferey Cheah
Monash School of Medicine and Health Sciences, Malaysia

Music by Dg Music
Animation by Jumbla
Audio Post Production Baxter Sound
Directed by Hayden Gregory

Produced by Monash University In Partnership With VMLY&R ANZ

Aging Asia: Meeting financial goals in Asia

Aging Asia is Manulife Asset Management's on-going research series, which examines the social, economic and financial implications of Asia’s rapidly aging populations.

Japan's Aging Society and Future Economy

The declining population is not helping the country be more efficient or competitive. One solution is more jobs for women, immigrants and older people.

減少し続ける日本の人口は、国際社会において作業効率や競争率の低下を招いています。ここでは、解決策の一つとして、女性や移民、高齢者の雇用増加を取り上げます。

The ageing population

Why is the UK experiencing an ageing population, and what does that mean for the public finances? Carl Emmerson, Deputy Director of the Institute for Fiscal Studies, explains.

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M12 Video Ageing population-Problems and solutions?

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