Policy implications of demographic change: panel discussion: social implications of demographic change in Japan
Declining population as well as population aging has substantial impacts on the economy and on the society. By contrast, the size of the population usually does not matter for economic development, if it is stable; Switzerland and Sweden, for example, are rich countries with fewer than 10 million people. However, the process of declining does matter, particularly when it is accompanied by a significant change in the age structure. The aging of the population is a more serious issue in Japan than in any other OECD country. First, the speed of aging has been more rapid there, reflecting the rapid economic development in the past, which has been similar to that in other Asian countries. Second, the social system in Japan is heavily dependent on seniority rules, based on the pyramid-like age structure of the past. Third, human resource allocation in Japan is constrained by the fixed social roles for men and women, both at work and at home.
Volume (Year): 46 (2001)
Issue (Month): ()
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- Courtney Coile & Jonathan Gruber, 2000. "Social Security and Retirement," NBER Working Papers 7830, National Bureau of Economic Research, Inc.
- Naohiro Yashiro & Takashi Oshio, 1999. "Social Security and Retirement in Japan," NBER Chapters, in: Social Security and Retirement around the World, pages 239-267 National Bureau of Economic Research, Inc.
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NBER Working Papers
0914, National Bureau of Economic Research, Inc.
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