Future of Japan's economy topic of Nov. 27 program
Japan's aging population and its effects on the country's economy will be the topic of a program set Nov. 27 at the Old Worthington Library. The program will begin at 7 p.m. It will be presented by the Worthington International Friendship Association.
Bradley Richardson, professor emeritus of political science at Ohio State University, will be the speaker.
Japan's population is aging faster than that of any other country. At the same time, the country's debt is two times that of the United States and other major nations. Richardson's program will focus on implications of these facts and the future viability of the Japanese economy.
Richardson will explore questions about working-age employment, income, retirement savings, the health of large business and Japan's prominent small-business sector.
Richardson is author of several publications, including Can Japan Survive, Japanese Democracy: Power, Coordination, and Performance, and Business and Society in Japan.
He is the recipient of the Order of the Rising Sun, a prestigious national decoration awarded by the Japanese government for contributions to the nation of Japan and the public areas of politics, business, culture and the arts.