Download or read book Implications of a Graying Japan for Government Policy written by R. Anton Braun and published by . This book was released on 2015-01-15 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan is in the midst of a demographic transition that is both rapid and large by international standards. As recently as 1990, Japan had the youngest population among the Group of 6 large, developed countries. However, the aging of the baby boomer generation and low fertility rates have produced very rapid aging. Japan now has the oldest population among the Group of 6, and its population will continue to age at a rapid pace. Aging is already placing a burden on government finances, and Japan's ability to confront the negative fiscal implications of future aging is constrained by its very high debt-to-GDP ratio. The authors find that Japan faces a severe fiscal crisis if remedial action is not undertaken soon, and they analyze alternative strategies for correcting Japan's fiscal imbalances. Figures. This is a print on demand report.