Japan’s 4 Ds: Demographics – Debt – Deficit – Deflation

As Japan’s demographics go from pyramid to kite (see The Economist graph here – from “Into the Unknown” article), companies will face an increased challenge for talent attraction.  In the five decades after the second world war, Japan’s working population grew by 37 million people.  This demographic growth, together with an increase in productivity, took Japan from ruins to become the second largest economy in the world (now third, after China’s GDP surpassed Japan’s).

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