From personal products to fitness clubs and supermarkets, the demand from Japan’s aging population is changing what stores sell.
Although end-of-life Medicare spending accounts for a relatively large slice of its budget, it’s tough to cut for a reason that none of us would expect.
Including minimal growth and deflation, Japan’s economic problems reflect unsuccessful fiscal and monetary policy that have little room to maneuver.
Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
As a growing demographic, the aging population in China has been targeted by businesses selling consumer goods and residential and financial services.
This week’s everyday economics stories include income elasticity of demand, positive externalities, GDP, economic indicators, human capital & entitlements.
Primarily for fiscal reasons, in Japan, most 40-74 year olds get their waist size checked each year. A part of the required annual physical exams from local government or employers, waist size is monitored because an obese population can be expensive.…