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Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact

Japan's 1.2 Birth Rate and the Economic Aftermath

In the premiere episode of The Demographics Podcast, Lucas and Luna anchor on a startling number: Japan's fertility rate has fallen to 1.2 children per woman, far below the replacement level of 2.1. They explore how this single statistic ripples through Japan's economy—from shuttered schools in rural Yamaguchi to the Bank of Japan's struggle with near-zero growth and a shrinking tax base. Lucas explains the concept of 'demographic debt' using Toyota's pivot to automation as a case study, while Luna questions whether immigration or productivity gains can fill the…

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