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Can Japan have prosperity without growth?

Accepting population decline opens a new path

| Japan
Commuters walk on a passageway in Tokyo on Apr. 26: we must change the way we work.   © AP

Nobuko Kobayashi is a partner with EY Strategy and Consulting Co., Ltd., Strategy and Transactions -- EY-Parthenon.

Around the world, the countdown to humanity's numerical demise is audible. Under the influence of the pandemic, both China and the U.S. recently posted their slowest rates of population growth respectively since the early 1960s and 1900.

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