William Bishop Asian Aging: Japan’s Unique Demographics.

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Presentation transcript:

William Bishop Asian Aging: Japan’s Unique Demographics

Source: UDESA, 2009

Asia Population in age groups 1950 to 2050 Source: Handbook of Asian Aging. Edited by H. Yoon and J. Hendricks, 2010 Rapid Aging

Rate of Aging: Asia in Overdrive Japan2420 Germany4057 U.K.4681 Italy6144 France12677 China2518 S. Korea1819 7%-14%10%-20% Number of Years to Reach Source: The Impacts of Population, Aging & Decline in Japan: Demographic Prospects & Policy Implications, Noriko Tsuya, Professor, Dept. of Economics, Keio University, Tokyo, Japan

Japan has 10 to 15 year lead on developed countries and a 20 to 30 year lead on emerging economies Source: OECD

Japan’s Silver Economy Takes Flight Source: Don’t forget to diaper doggie!

Healthcare: Driver for a New Economy 7 Source: Daily Yomiuri, March 3, 2013 Source: Source: Guardian, 2010 Source: iPS Academia Japan, Inc., 2013 Source: The Yomiuri Shimbun, February 23, 2013 Source: Ogawa et al, Nihon University Population Research Institute, 2009

Japan’s Unique Demographics 8 Source: Population aged 60+ years (%) Income per person (GDP/capita, PPP$ inflation-adjusted) Bubble Size: 2011 GDP (PPP$) S. Korea Indonesia Australia