Japan's number of children has been reported to be at its lowest since 1950. There are just 14.6 million children in the nation under the age of 14, according to figures from Japan's internal affairs ministry. Japan's falling birth rate and high life expectancy is putting pressure on public spending and resulting in labour shortages.
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International Economics: IB Economics
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A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by
Graham Watson
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Scoop.it!
According to one estimate by a Russian economist, as many as 200,000 Russians have left their country since the start of the war in Ukraine, with more than 25,000 alone arriving in Georgia since Russia's invasion began.
Graham Watson's insight:
Apart from the immediate impact of sanctions on the Russian economy, are the long-term ramifications of the invasion of Ukraine even more disastrous?
This BBC clip looks at the possibility of a brain drain, with young, liberal Russians leaving the country for Georgia and other nations. Given that Russia is already facing a demographic crisis, the impact of this on Russia's labour force might impeded longer-term growth too. Think about the AD-AS implications of this... 
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This story is one that's been many years in the making and will have economic implications well into this century but many developed economies are facing the demographic challenge of shrinking populations, none more so than Japan.
Japan now has the lowest number of children under 14 since 1950. This has massive implications for its labour market, its supply-side and its public finances. Labour shortages, the economic implications of LRAS shrinking and the cost of maintaining an ageing population could all slow growth in an economy which has already struggled to generate much in the way of growth in the last 30 years.