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Japan's ageing population
- 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
- Higher GDP
- 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
- Older people can also help maintain cultures & religions by passing down knowledge
- 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
- The county's work-force decreases
- 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
- Increase retirement age
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