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The Japanese economy faces considerable challenges posed by an ageing and declining population, which peaked at 128.5 million people in 2010 and has fallen to 122.6 million people in 2024. [57] In 2022, the country's working age population consisted of approximately 59.4% of the total population, which was the lowest rate among all the OECD ...
The importance of agriculture in the national economy later continued its rapid decline, with the share of net agricultural production in GNP finally reduced between 1975 and 1989 from 4.1% to 3% In the late 1980s, 85.5% of Japan's farmers were also engaged in occupations outside farming, and most of these part-time farmers earned most of their ...
After its defeat and economic collapse after the war, Japan's economy recovered in the 1950s with the post-war economic miracle in which ushered in three decades of unprecedented growth and propelled the country into the world's second-largest economy by the 1980s only to experience an economic slowdown during the 1990s, but Japan nonetheless ...
Japan's membership in the OECD has constrained its foreign economic policy to some extent. When Japan joined the OECD in 1966, it was obliged to agree to OECD principles on capital liberalization, an obligation that led Japan to begin the process of liberalizing its many tight controls on investment flows into and out of Japan. Japan is also a ...
Labor force participation rate (15-64 age) in Japan, by sex [2] Gender wage gap in OECD [7]. Japan is now facing a shortage of labor caused by two major demographic problems: a shrinking population because of a low fertility rate, which was 1.4 per woman in 2009, [8] and replacement of the postwar generation which is the biggest population range [9] who are now around retirement age.
Over the past two decades or so, inequality in Japan has grown [21] as a result of economic difficulties that Japan has faced since the end of the economic boom of the 1980s. This problem has been characterised by a rise in the percentage of the workforce employed on a temporary or part-time basis, from 19% in 1996 [ 22 ] to 34.5% in 2009, [ 23 ...
After a mild economic slump in the mid-1980s, Japan's economy began a period of expansion in 1986 that continued until it again entered a recessionary period in 1992. Economic growth averaging 5% between 1987 and 1989 revived industries, such as steel and construction, which had been relatively dormant in the mid-1980s, and brought record ...
Lexus LF-LC concept, a two-door coupé produced by Lexus Tokyo Skytree, the tallest structure in Japan . Economy of Japan. Economic rank, by nominal GDP (2007): 2nd (second) Agriculture, forestry, and fishing in Japan; Automotive industry in Japan; Bank of Japan; Buildings and structures in Japan Tallest buildings and structures in Japan ...