The Silicon Review ^Asia

According to the prime minister of Japan, the nation's declining birth rate puts it in danger of losing its ability to function as a society.

As Fumio Kishida put it, "now is the time or never." Less than 800,000 births are thought to have occurred in Japan, which has a population of 125 million, last year. The number was above two million in the 1970s. Many nations, including Japan's neighbors, are seeing a slowdown in birth rates.

But because of the recent increase in life expectancy in Japan, there are now more elderly people than there are professionals to care for them, making the problem more urgent there. After the tiny state of Monaco, Japan now has the second-highest percentage of individuals 65 and older in the world, at roughly 28%.

By the end of the century, analysts predicted that Japan's population would decline from a high of 128 million in 2017 to less than 53 million. According to official statistics, the population is currently just about 125 million. Despite these relaxations, Japan has maintained to enforce tight immigration policies, but some experts now argue that the restrictions should be further reduced to help Japan address its ageing population.