If the current rich countries are aging, and their population will decrease, how can it affect the world society in few decades?-Han seung gu

 Population decline is actually an important issue in modern society. Korea is in a more serious situation. In a capitalist society, population decline has a decisive impact on many global economies.

The first is a lack of jobs due to deepening deflation. In Japan, the economy lost vitality due to low birth rates and aging population, and consumption declined, causing deflation to fall into the economy. In a deflationary economy where prices continue to decline, the real economy will inevitably subside. The prolonged deflation raises the real interest rate, which increases the real value of the debt. This puts pressure on companies and leads to a contraction in investment. In particular, the decline in the economically active population also affects the decline in economic growth. As its growth potential decreases, it falls into a vicious cycle of deflation.

The second is polarization due to income disparity. After a period of high growth, Korea will continue to experience unstable low growth and continue industrial restructuring across the economy. Amid this situation, job insecurity and income gap are likely to intensify. On top of this, the pace of aging can fuel polarization. This is because there may be a gap in adaptability between economic players to environmental changes.

Third, the real estate decline that oversupply will bring. Housing is basically about supply and demand. If demand is greater than supply, housing prices will rise. In the opposite case, house prices fall. As a result, it is feared that empty houses will remain due to oversupply of housing.

Finally, the emergence of an individual-centered selfish society. In the case of Japan, the issue of "unreached society" has become an issue. A loveless society means a society in which traditional relationships through blood ties and delays collapse and do not try to establish relationships with others. As the nuclear familyization reduces cohabitation with parents and grandparents, and as the number of singles increases, lifestyle that does not want to have children was cited as the reason. Japan's NHK and Diamond magazine pointed out the increase in the number of layoffs of non-regular workers in the workplace, the resulting poverty problem, and solitude in indifference as a result of the society.