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I'm not surprised that wage growth in Japan stagnated considering the limited size of the domestic market, lack of English proficiency and little import of fore
by majikaja 4y ago
I'm not surprised that wage growth in Japan stagnated considering the limited size of the domestic market, lack of English proficiency and little import of foreign talent via immigration.
Regarding fertility rate, I don't know the projections for the younger generation, but 27% of 50 year old women here have never had children. It's hard to convince the remaining women and their partners to make big sacrifices to have three or more kids in order to make up for the perceived freeloaders (the never-married ~28% of men and ~18% of women that have no interest in each other).
Without the government somehow brainwashing the population, any real solution would likely result in opposition from large parts of society, so the can gets kicked down the road...