This is an important article from the Japan Times. It’s a recommended read. Check it out!
via Seniors grow to 26% of population as Japan shrinks for fourth year straight | The Japan Times.
It’s interesting to look to the example of Japan and consider other advancing countries. Japan has an aging and falling population – so far Japan has not opened up her economy and society to widespread immigration.
What lessons can other maturing economies learn from Japan & vica versa?
Dr Alf puts forward some profound questions about Japan, which has been eclipsed by China which was once the 2nd largest economy in the World.
Japan needs to reshape its tax system to encourage wealthy and intelligent foreigners to live and work there, and to stimulate job-creating inward-investment because it needs more people like that to drive it forward economically.
What Japan has to teach other people is its methodology for miniaturization, continuous improvement, smart manufacturing, quality control, efficient policing and Hoshin Planning.
Beyond that, each country has to look at its own particular circumstances, and learn from the countries which handle problems best.
Thus, when you have too little land and need more of it go to the Dutch because they are the global experts at reclaiming land from the sea, engineering and exporting-Germany, healthcare – France, Germany, Italy and Singapore, efficient Government Singapore, Switzerland and Lichtenstein, innovation – America, software development -India, transformation of formerly agrarian economies-China, education -Finland, South Korea, Hong Kong and Singapore