An anonymous reader quotes a report from the BBC: Japan’s prime minister says his country is on the brink of not being able to function as a society because of its falling birth rate. Fumio Kishida said it was a case of “now or never.” Japan — population 125 million — is estimated to have had fewer than 800,000 births last year. In the 1970s, that figure was more than two million. Japan now has the world’s second-highest proportion of people aged 65 and over — about 28% — after the tiny state of Monaco, according to World Bank data.
“Japan is standing on the verge of whether we can continue to function as a society,” Mr Kishida told lawmakers. “Focusing attention on policies regarding children and child-rearing is an issue that cannot wait and cannot be postponed.” He said that he eventually wants the government to double its spending on child-related programs. A new government agency to focus on the issue would be set up in April, he added. However, Japanese governments have tried to promote similar strategies before, without success. In 2020, researchers projected Japan’s population to fall from a peak of 128 million in 2017 to less than 53 million by the end of the century. The population is currently just under 125 million, according to official data.