1_Japan's ageing population

1_Japan's ageing population

1. Causes

   • Higher GDP
   • Healthy diet
   • Women having children at an older age
   • Strict Immigration Policies
   • Average age of marriage increasing
   • However, Falling Marriage Rates
   • Higher proportion of women in employment
   • 210 doctors per 1000 people
   • Higher quality healthcare

2. Advantages

   • Older people can also help maintain cultures & religions by passing down knowledge
   • Older people have more time on their hands and can contribute to society
   • An ageing population may result in lower interest rates and lower inflation
   • Older people often have higher accumulated savings per head
   • The 'Grey Pound' or the 'Grey Boom' effect
   • Increase in technology designed to help the elderly

3. Disadvantages

   • The county's work-force decreases
   • Less economic growth
   • Increased demand to provide care homes and hospitals for the elderly
   • Stress put on families to take care of their elderly relatives
   • Healthcare more expensive
   • Worries about funding pensions
   • Major changes to previous laws, especially immigration
   • OLder people do not exactly have skills in technology which is important in modern day society

4. Solutions

   • Increase retirement age
   • Cut money to be spent on education
   • Bring in workers from abroad
   • Develop more technologies
   • Encourage child birth (e.g- Singapore)
   • Make people create private pensions
   • Encourage the younger generation to work in healthcare

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