Why is East Asia’s aging population a concern for their respective governments?
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basically, you want a stable population or one that is slightly growing.
an aging population implies that your birth rate is declining. so eventually you will have a massive population decline when all the old people die and there’s not enough young people being born. this typically means lower labor, which means a lot of industries that rely on labor may fail or become way more expensive.
next, it also means that many public benefits that are funded from taxation will lose their funding as there are less workers paying the taxes and more old/retired people utilizing the benefits.
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