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Going gray

May 2, 2019
Reuters /

Japan is rapidly going grey. Thanks to a declining birth rate and one of the highest life expectancies, it has become the most aged society in the world.

About 28 percent of the population is 65 or older and that number is expected to grow in coming decades to more than 35 percent, straining the country’s social services.

Expenses for elder care are growing. Essentially, a larger number of elderly are relying on fewer young people for economic output, tax revenues and physical and emotional care.