Japan's baby bust: an economic issue?
Joicfp News 1998(291): 4
1998
ISSN/ISBN: 0911-0755 PMID: 12348885 Document Number: 256446
This brief article articulates that the solution to the declining birthrate in Japan is to change the corporate culture and societal values and begin putting the family first. At the present rate of fertility decline, Japan could well have just over 67 million total population in another 100 years, which is 50% of the present total. In 1990, the Finance Minister tried to convince Japanese couples to have more babies by abandoning policies that led women to higher education. The implication is that women would then want to stay at home and have babies. The prosperity of the late 1980s and early 1990s did not encourage higher fertility. The likely reason for low fertility is the male-dominated, corporate culture where male workers leave home early in the morning and work till late at night. Wives are left to care for children and maintain a full-time job. The total fertility rate (TFR) was 3.65 in 1950 and 1.39 in 1998. Both Germany and Italy have lower fertility but higher rates of immigration. The decline in the TFR is responsible for many of the current economic policies. New taxes were introduced in 1997 to pay for social security of the aged, and then the economy stalled. Life expectancies continue to rise. The elderly are a larger proportion of total population than children aged under 15 years. Women marry late, and the divorce rate is high.