... are very real. Currently, Japan is not only shrinking in its population but also aging as well, a problem not unique to only Japan but other Asian countries as well. (French 2002). More people are retiring than there are young people entering the workforce, which means people now working and paying into pension funds can expect their money to be used up by their retirement (MacKinnon 2003, 1). Japan is not only seeing more of their younger population going across seas for education but end up staying for work which could cause the country to approach a brain drain. The population decline does not seem to be a temporary issue, as it will peak in the year 2005 at 125 million. Given the Japanese birthrate of 1.3 per woman, by the year 2030 the proportion of Japanese adults will have fallen in half, and twenty years thereafter in 2050, Japan's total ...

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