Japan’s population projected to plummet by almost 40 million by 2065

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Konichiwa B!
 
For someone who doesn't understand economics, even if overall gdp goes down, this also means the average person will be a lot wealthier right? Since the wealth will be distributed to a smaller population?
 
For someone who doesn't understand economics, even if overall gdp goes down, this also means the average person will be a lot wealthier right? Since the wealth will be distributed to a smaller population?

The problem is that the population is aging. Working force will have to support an even bigger non-working folks because they are too old.
 
That is what xenophobia does to a country.

Their economy is gonna suffer major because of this too. Their economy has already been struggling for a good while.

GDP is driven by population growth. If birth rates can't do it, then you have to look to immigrants.
 
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They don’t make kids and don’t allow immigrants to come in.

Not surprising.

Japan needs immigrants, but do immigrants need Japan?

A proposed amendment to the immigration law, if passed, will create two new visas for foreign workers.

The first, renewable for up to 5 years, would cover semi-qualified, blue-collar workers, and is aimed at plugging gaps in areas such as care-giving and manufacturing.

The second type, which would have no renewal limit, is aimed at attracting high-skilled workers. Both visas require proficiency in Japanese.

https://www.cnn.com/2018/12/06/asia/japan-immigration-bill-foreign-workers/index.html
 
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