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Demographic change stymies growth not just in Japan
June 21, 2016: a puppet theater in Chizu, Japan, which has turned to tourism to offset a declining workforce and local industry (source: dpa)
General info
What's inside
- China’s demographic pattern is following Japan’s with a 20-year time lag
- Macroeconomic data no longer support the Great Convergence theory that predicted China, India and the United States would crushingly dominate the world’s economy by 2050
- If Japan reforms, it has a chance to emerge as the XXL Switzerland of the East
Who will benefit?
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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