Aging population/ Shrinking Population
Cause
Low fertility Rate
High life expectancy Rate
Declining of Birth Rate
Late/No marriages
Increasing working woman
Self dependency
Education
Wage discrimination
Child bearing is expensive
Evidence
Fall in GDP by 1% over the 3 decades
Shortage of labor
Declining in production level
Causing more imports
wage disparity
Wage inflation
Declining economic growth
Health care Policies for elderly.
Solution
Increase policies for young people
Child rearing support
Decreasing child bearing costs
Giving back women their position at work after birth
Maternity leave to both parents
Encourage women to get married and give birth
increasing taxes on health care for elderly
Giving more privileges to women when pregnant