Japan's Demographic Time Bomb
The Japan Times charts it:
The estimate shows that Japan's population will shrink by around 30 percent to 86.74 million by 2060, and that the percentage of people aged 65 or older will increase from 23.0 percent in 2010 to 39.9 percent in 2060. People will also live longer than now. The average life expectancy will rise from 85.93 years in 2011 to 90.93 years in 2060 for women and from 79.27 years to 84.19 years for men during the same period. Nursing care and medical services will become increasingly important. The government should show clearly the costs and benefits of such services so that people will be better prepared to accept the burden of higher social welfare costs.
