special report

About $ 4872 billion, Japan's economy is in third place globally, about 2.5 times that of China, and about four times that of the US economy, and close to strong competition. From India and Germany, Japan was removed from its bronze position in the world economy.

It seems that the countries of the rising sun face a successive sunset in their economic performance, revealed by the following indicators ...

First ... the tensions of the trade war between the American elephant and the Chinese dragon and the decline in the growth of the euro area negatively affected the rate of Japanese exports, which amounted to $ 640 billion annually by about 3.8 % In the last month of 2018

Second ... the specter of economic recession looms over Japan's airspace after worries by the International Monetary Fund that the Japanese economy will decline by 1.1%, while the next possible recession is It is the fifth of its kind that Japan has witnessed since 2008

Third ... In October 2019, the second stage of increasing taxes imposes, which impedes consumption levels by 0.2% in Japan, which has the highest global ratio of public debt against its gross product.

Fourth ... Japan, which does not welcome immigration, is requesting about 345 thousand additional job opportunities until 2023 ... and every five years, Japan needs to increase this number by 20% for 30 years

Fifth ... By 2050, the proportion of people with old age will reach 75% of the population in Japan, so the government raised the age of retirement to 65 years, or the total abolition of the principle of retirement As long as the worker is able to work