Most aren't aware of the situation Japan is in today because of the world we all grew up in, where Japan was at one point nearly the largest economy in the world. Japan has been in between a recession and stagnation for 30 years. Their GDP was higher 31 years ago than it is today. [1] Their GDP/capita is $33,950 with most wages well below that. They hit a record high for average wages in 2022 of ¥311,800 - about $2,100. [2]
Next - they're dying off. They hit their inflection point in 2009 and they've been shrinking since [3]. They've lost more than 5million people since 2009. And the "fun" thing about fertility collapse is that the decline will never stop. Their population will keep shrinking down at the 'equilibrium rate' (decided by fertility rate) until they start having babies, or go extinct. The exact same will happen to every other country with sub-replacement fertility rates.
This, IMO, is an effort to try to attract a certain type of immigrant largely for the purposes of revenue generation.
Next - they're dying off. They hit their inflection point in 2009 and they've been shrinking since [3]. They've lost more than 5million people since 2009. And the "fun" thing about fertility collapse is that the decline will never stop. Their population will keep shrinking down at the 'equilibrium rate' (decided by fertility rate) until they start having babies, or go extinct. The exact same will happen to every other country with sub-replacement fertility rates.
This, IMO, is an effort to try to attract a certain type of immigrant largely for the purposes of revenue generation.
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[1] - https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
[2] - https://www.nippon.com/en/japan-data/h01631/
[2] - https://www.worldometers.info/world-population/japan-populat...