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> What they need to do is figure out a way to grow the population locally or through large-scale immigration. That doesn't sound like a long-term solution. The
by gst 12y ago
> What they need to do is figure out a way to grow the population locally or through large-scale immigration.
That doesn't sound like a long-term solution. There'll be a limit to population growth at some point.
- mc32 12y agoYes, you're right. It depends on what we mean by long term. In the end we'll hit some natural population limits. It'll be interesting what they devise in order to have a viable economy in conjunction with a stagnant or declining population. We can all learn from their success or failure in that regard.
- sliverstorm 12y agoWell, their population looks about ready to take a nosedive, so it's not like they "just aren't growing fast enough".
- mc32 12y agoBe that as it may, the other option, to export their way out of this is not going to happen. They are not a cheap-labor based economy --and they don't have known viable reserves of natural resources. So, what are they to do?
- waps 12y agoThe general answer every country seems to have is "knowledge-based economy". Except it never works. Knowledge flees countries the moment it presents more than a small advantage, as the knowledge moves with workers and companies.
- alex_anglin 12y agoExport creative products or develop intellectual property?