Anderson, Derek; Botman, Dennis P. J.; Hunt, Ben - International Monetary Fund (IMF) - 2014
Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the … find substantial deflationary pressures from aging, mainly from declining growth and falling land prices. Dissaving by the … deflationary effects from aging are magnified by the large fiscal consolidation need. Many of these factors will beset other …