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Japan's population is shrinking and its companies find it increasingly challenging to find workers. The government has set its eyes on attracting foreign immigrants to fill labor shortages, but there is a problem. Japan's difficult language, rigid institutions, and infamous work culture make it an unattractive destination for skilled workers. Their solution? Work style reform.
But is immigration really the answer to the root causes of Japan's demographic challenges?
FULL TRANSCRIPT + SOURCES:
https://docs.google.com/document/d/17QIPinWmF8EDt15G1gNaLX2HetSGIrkA/edit?usp=sharing&ouid=116393133462297140352&rtpof=true&sd=true
FURTHER READING:
The Japanese Economic Miracle (Berkely Economic Review):
https://econreview.studentorg.berkeley.edu/the-japanese-economic-miracle/
How a Fading Japan Regained Its Superpowers (Bloomberg):
https://www.bloomberg.com/opinion/features/2024-04-24/how-japan-regained-its-superpowers-and-recovered-from-recession