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what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. The number of births registered inJapanplummeted to another record low last year – the latest worrying statistic in adecades-long declinethat the country’s authorities have failed to reverse despite their extensive efforts.

what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. The country saw 799,728 births in 2022, the lowest number on record and the first ever dip below 800,000, according to statistics released by the Ministry of Health on Tuesday. That number has nearly halved in the past 40 years; by contrast, Japan recorded more than 1.5 million births in 1982.

Deaths haveoutpaced birthsin Japan for more than a decade, posing a growing problem for leaders of the world’s third-largest economy. They now face a ballooning elderly population, along with a shrinking workforce to fund pensions and health care as demand from the aging population surges.

Japan’s population has been in steady decline since its economic boom of the 1980s and stood at 125.5 million in 2021, according to the most recent government figures.

Its fertility rate of 1.3 is far below the rate of 2.1 required to maintain a stable population, in the absence of immigration.

what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. 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.

what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. These concerning trends prompted awarningin January from Prime Minister Fumio Kishida that Japan is “on the brink of not being able to maintain social functions.”

“In thinking of the sustainability and inclusiveness of our nation’s economy and society, we place child-rearing support as our most important policy,” he said, adding that Japan “simply cannot wait any longer” in solving the problem of its low birth rate.

what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. A new government agency will be set up in April to focus on the issue, with Kishida saying in January that he wants the government to double its spending on child-related programs.

But money alone might not be able to solve the multi-pronged problem, with various social factors contributing to the low birth rate.

Japan’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 far from extended family in other regions, who could help provide support.

In 2022, Japan was ranked one of the world’s most expensive places to raise a child, according to research from financial institution Jefferies. And yet, the country’s economy has stalled since the early 1990s, meaning frustratingly low wages and little upward mobility.

what is causing the decline of devyani international limited (543330) ✌️【Interview Skills】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. 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 Ministry of Health, Labor and Welfare.

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It’s a familiar story throughout East Asia, where South Korea’s fertility rate – already the world’s lowest –dropped yet again last yearin the latest setback to the country’s efforts to boost its declining population.

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