Some local lessons from the Far East

By Heather Jameson | 25 February 2020

Demographics are difficult. Population statistics are about to fall off a cliff thanks to the rapidly declining birthrate. This will lead to a plummeting working-age population and a corresponding drop in the country’s tax take.

In rural areas and smaller towns, the demographic problems are exacerbated by an exodus of young people all leaving for the opportunities afforded by larger urban areas.

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