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macro trends and their impact on mac charles (india) limited (507836) ✌️【Smart Trading】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Japan’sprime minister issued a dire warning about the country’s population crisis on Monday, saying it was “on the brink of not being able to maintain social functions” due to the falling birth rate.

In a policy address to lawmakers, Fumio Kishida said it was a case of solving the issue “now or never,” and that it “simply cannot wait any longer.”

“In thinking of the sustainability and inclusiveness of our nation’s economy and society, we place child-rearing support as our most important policy,” the prime minister said.

Kishida added that he wants the government to double its spending on child-related programs, and that a new government agency would be set up in April to focus on the issue.

Japan has one of the lowest birth rates in the world, with the Ministry of Health predicting it will record fewer than 800,000 births in 2022 for the first time since records began in 1899.

macro trends and their impact on mac charles (india) limited (507836) ✌️【Smart Trading】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The country also has one of the highest life expectancies in the world; in 2020, nearly one in 1,500 people in Japan were age 100 or older, according to government data.

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Experts point to several factors behind the low birth rate. The country’s high cost of living, limited space and lack of child care support in cities make it difficult to raise children, meaning fewer couples are having kids.Urban couples are also often farfrom extended family who could help provide support.

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Japan’s economy has stalled since its asset bubble burst in the early 1990s. The country’s GDP growth slowed from 4.9% in 1990 to 0.3% in 2019, according to the World Bank. Meanwhile, the average real annual household income declined from 6.59 million yen ($50,600) in 1995 to 5.64 million yen ($43,300) in 2020, according to 2021 data from the country’s Ministry of Health, Labor and Welfare.

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macro trends and their impact on mac charles (india) limited (507836) ✌️【Smart Trading】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. South Korea recentlybroke its own recordfor the world’s lowest fertility rate, with data from November 2022 showing a South Korean woman will have an average of 0.79 children in her lifetime – far below the 2.1 needed to maintain a stable population. Japan’s fertility rate stands at 1.3, while the United States is at 1.6.

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