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Flag of Japan (Photo credit: Wikipedia)


The results of this weekend’s upper house election in Japan’s Diet will hinge on voters’ assessment of Prime Minister Shinzo Abe’s economic stimulus plan, his proposals to revise the constitution, and his relations with neighboring countries. In other words, yet another election will pass with hardly a mention of the single-most important factor for the country’s prospects: demographics.

No country is aging faster than Japan. Between 1985 and today, the percentage of the Japanese population over 65 rose from a tenth to nearly a quarter. By 2060, that figure will rise to nearly 40 percent. And by that point, Japan’s population will have shrunk from around 128 million to less than 100 million people. [Read the full article]