Japan's Phony Solution.(Brief article)

Japan's Phony Solution.(Brief article)

It sounds good, but it doesn't pass a cost-benefit test. To maintain current living standards, Japan would need to absorb between 7.4 million and 11 million immigrants by 2012, says Robert Alan Feldman, the chief economist at Morgan Stanley Japan. And if those immigrants bring families, Feldman...

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Veröffentlicht in:Newsweek 2010-05, Vol.155 (19), p.6-6
1. Verfasser: Scalise, Paul J
Format: Magazinearticle
Sprache:eng
Schlagworte:
Demography
Economic aspects
Forecasts and trends
Labor force
Market trend/market analysis
Noncitizens
Older people
Population declines
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Zusammenfassung:It sounds good, but it doesn't pass a cost-benefit test. To maintain current living standards, Japan would need to absorb between 7.4 million and 11 million immigrants by 2012, says Robert Alan Feldman, the chief economist at Morgan Stanley Japan. And if those immigrants bring families, Feldman says, this "avalanche" would have to be closer to 20 million.
ISSN:0028-9604
1069-840X