NTA2020 Hayashida
Global Meeting on Population and the Generational Economy, August 2020
Presentation: Cullen Hayashida, Japan's Depopulation and Workforce Shortage Crisis: An Overview of 11 Strategies and a Paradigm for a Micro-Research Agenda
Abstract
Depopulation and chronic workforce shortage trends are threatening to destabilize Japan. Long-range projections over the next 100+ years point to the increasing burden that the dependent old and young will have on the shrinking working-age population that could possibly result in societal collapse. It is not uncommon to find a few strategies discussed as possible solutions. In this paper, an attempt is made to provide an overview of eleven strategies to reverse or moderate this demographic trend. These include increasing foreign workers, birthrates, retirement age, emigration of older adults, women in the workforce, child support programs, use of technology, deurbanization, community development, active aging and decreasing the emigration of young adults. Given the complexity of simultaneously assessing the impact of these 11 strategies, there is a need to convene an on-going national forum to discuss these and other strategies, conduct evaluations of their respective effectiveness and create a coordinated research and policy center to monitor, evaluate, and provide policy recommendations.
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