Japan is facing a declining birth rate crisis, with the number of babies born in 2023 hitting a new low since 1899. Experts express concerns about the impact on the economy and national security as the population continues to shrink and age.
Key Points
Number of babies born in Japan in 2023 hit a new low since 1899
Marriages also declined below half-million for the first time in 90 years
Younger Japanese are discouraged by bleak job prospects and high cost of living
Government efforts may not be effective in addressing the root causes
Pros
Awareness of the declining birth rate issue in Japan
Government efforts to address the problem
Cons
Negative impact on the economy and national security
Challenges in reversing the trend due to societal factors