Global demographic change and Japanese macroeconomic performance
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Global demographic change and Japanese macroeconomic performance

The world is in the midst of a significant demographic transition with important implications for the macroeconomic performance of the global economy. This paper summarises the key features of the current and projected future demographic changes that are likely to have macroeconomic effects. It then explores the implications of global demographic change on recent Japanese macroeconomic performance as well as projected performance over the remainder of this century. A distinction is made between the effects on Japan of demographic change that occurs in Japan and the effects on Japan of the equally large demographic changes occurring in the rest of the world.
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Executive Summary

Areas of expertise: Climate change policy; globalisation and disease; international macroeconomic policy; international trade policy; global demographic change; global economic modeling
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