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Successfully navigating the fiscal challenges of the age of the aged: municipal government in Japan

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  • Masato Miyazaki
  • Joseph Drew

Abstract

Ageing populations have been identified as a looming fiscal threat to many developed nations across the world. However, in Japan, both the scale of the problem and the institutional context is such that it represents a rather desperate predicament. Within the next 25 years it is projected that over a quarter of Japan’s local governments will have the majority of their population composed of senior citizens. This is problematic because as populations age, needs increase but revenue capacity simultaneously decreases. We apply a commonly employed success framework with a view to demonstrating how it can be used to guide implementation of some of the most prominent policies thus far canvassed in Japan to mitigate these fiscal challenges. We conclude with some comments regarding the importance of good policy design to successfully navigate the age of the aged.

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  • Masato Miyazaki & Joseph Drew, 2021. "Successfully navigating the fiscal challenges of the age of the aged: municipal government in Japan," Local Government Studies, Taylor & Francis Journals, vol. 47(3), pages 453-474, May.
    • Handle: RePEc:taf:flgsxx:v:47:y:2021:i:3:p:453-474
    DOI: 10.1080/03003930.2020.1864333
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