Saturday, July 13, 2019

The Japanese model


PS: The video proper starts at 2:33!

This is an interesting take at the Japanese model and living in Japan I agree with most of the points.

There are still a few not so minor problems to solve:

The debt which is exploding.

The dependence on trade in a world less an less trade friendly.

The imbalance between the growths in the cities especially Tokyo and the accelerated decline of the countryside.

Managing the risk of a major earthquake which will unavoidably strike the capital and other cities sooner or later.

Relations with the neighbors, China, Korea and Russia which are not good in spite of increased mutual reliance.

But this said, yes the Japanese model is unique and may represent a different way to move forward.

This nevertheless presuppose that Japan declining population will stabilize at around 100 million in 20 years as the video explains. But how is this going to happen when at that time, the decline will be close to 1 million people per year!

In this respect, it is worth remembering that population statistics are the most predictable of all projections.


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