University of college dublin | Economic Policy and the Global Environment | Assignment 2 | | Tang Jia Lin, Terry | BSc20(B)Bachelor of Science in Finance (Hons)Student Number: 13207868Word Count: 2193 |

1. Table of contents

1) Table of contents 2

2) Introduction – Japan’s aging population and the implications to its economy 3

3) Article summary 4

4) Fiscal and Social Implications 5

5) Japan, against uncontrollable forces 6

6) Unemployment 6

7) What policies should the government implement 7

8) Conclusion 8

9) References 9

10) Attached Article 10 & 11

2. Introduction - Japan’s aging population and the implications to its economy

Japan is an island nation located in the Pacific Ocean, east of Asia. With neighbouring countries such as China, North and South Korea, and Russia, Japan is ranked 36th among the world in terms of population density. Japan houses up to 128 million people as of 2012 with a per capita of around $37,000, whilst