This book looks at the economic consequences of the political decisions embodied in the Japanese public pension system under conditions of a rapidly aging population. Projections imply that Japan's population will peak out in ten to fifteen years, then begin to fall, a situation which could cause serious social and economic disruption. The author also presents the current economic status of the elderly, and estimates income transfers between generations through public pensions.
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This book looks at the economic consequences of the political decisions embodied in the Japanese public pension system under conditions of a rapidly aging population. Projections imply that Japan's population will peak out in ten to fifteen years, then begin to fall, a situation which could cause serious social and economic disruption. The author also presents the current economic status of the elderly, and estimates income transfers between generations through public pensions.
Read Less
