The Development Trend of Japan's Aging Population and Its Main Impact on the Economy

Authors

  • Yue Chu

DOI:

https://doi.org/10.54097/hbem.v19i.11869

Keywords:

Aging population; health insurance; development trend.

Abstract

In recent years, Japan attracted global attention due to its aging population. This paper analyzes the causes, the process and development trends of aging population in Japan’s society. According to the study, it is not difficult to find that the current aging population in Japan comes from the first baby boom and the aging rate will continue to increase. At the same time, this paper analyzes the main impacts of aging population on economy and finds that although Japan’s aging population may not only lead to economic recession owning to lack of labor, but lead Japanese government to spend more money on overseas trade. However, it will develop nursing industry and artificial intelligence robots specifically for the elderly. The Japanese government try to solve these problems with positive attitude and has introduced many policies. As a result, these efforts to alleviate aging population are worth learning from all over the world.

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Published

02-11-2023

How to Cite

Chu, Y. (2023). The Development Trend of Japan’s Aging Population and Its Main Impact on the Economy. Highlights in Business, Economics and Management, 19, 171-176. https://doi.org/10.54097/hbem.v19i.11869