Abstract
The impact of demographic aging in Japan on its economy is analyzed using data from official sources. Consideration is given to the effects of increased life expectancy and of the decline in the birth rate on the populations age structure. Japans economic situation is discussed with a focus on both government expenditures on public pension programs and labor and economic policies. The author concludes that according to the [International Monetary Fund] government pension and medical care spending will jump from 9% of gross domestic product to 21.5% in the year 2025. (EXCERPT)
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