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Abhijeet Kislay's avatar

The ultimate single unit of economic backbone is the human mind. Without people, there’s no supply, no innovation and ofc no consumption.

India thinks overpopulation as a burden. Maybe it’s not the best way to look at it - given Japan’s example.

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sheo ratan Agarwal's avatar

I compliment TDZ for articles that have Hidden Brains that will affect Economies other than GDP growth in long term.TDZ has excelled in digging deep and shares us valuable insight that Japan’s example has shown that economies can adapt to shrinking populations.As TDZ mentions we are living in A Shrinking World.By the end of this century, the global population will almost certainly start to shrink. Global birth rates will have to increase and stay there. Absent that, simple math dictates that the population eventually falls to zero.So,Japan or other countries need to adapt policies for shrinking population beyond economic growth.

In her novel, Scattered All Over the Earth, Yoko Tawada imagines a world in which Japan has physically vanished and Japanese-ness survives only with a handful of natives and Japanophiles.

In Japan octogenarians may soon be filling jobs like taxi driving if a rule change takes place. There’s very little slack in the labor market, “Nearly 87% of the working-age populace is employed, well above the 79% average of countries in the Organization for Economic Cooperation & Development,” says Gearoid.

The other article—How India's night-shift reforms are reshaping women's work—is very informative and if I’m not making a mistake,part of the article was covered in a previous TDZ.

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