The slump in the share of young women that are married combined with the delay when women have their first child suggest that the fertility rate may at best rise from the current 1.4 to around 1.5. Even so, the working-age population would still fall by more than one-third over the next fifty years. The upshot is that the government will have to intensify its efforts to attract foreign workers.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services