Steps Towards Resurgence essays

Steps Towards Resurgence essays A declining economy, an aging population, and government corruption are just some of the reasons that account for Japans declining global role. Many issues pose a serious threat to the countrys citizens now and the future that put in doubt Japans current decline as a temporary consideration. The countrys stock market collapse in 1990 not only affected its own economics and politics but also the markets of other countries like the United States. Japan is steadily continuing to decline as a global power let alone the superpower it dreamed of being and the countrys stock market collapse in 1990 not only affected its own economics and politics but also the markets of other countries like the United States. Regaining a higher position in the eyes of the world is very important to Japan but its focus before anything else needs to be on the resurgence of its morality as expectations for accelerated unemployment, widening economic inequality, unprecedented domestic debt levels, and feeble po litical efforts to address these problems, (MacDonald and Lemco 2002, 157) are very real. Currently, Japan is not only shrinking in its population but also aging as well, a problem not unique to only Japan but other Asian countries as well. (French 2002). More people are retiring than there are young people entering the workforce, which means people now working and paying into pension funds can expect their money to be used up by their retirement (MacKinnon 2003, 1). Japan is not only seeing more of their younger population going across seas for education but end up staying for work which could cause the country to approach a brain drain. The population decline does not seem to be a temporary issue, as it will peak in the year 2005 at 125 million. Given the Japanese birthrate of 1.3 per woman, by the year 2030 the proportion of Japanese adults will have fallen in half, and twenty year ...