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Brave new world in which fewer people lead richer, lonelier lives

Policies must evolve if technology and digitalization are to sustain prosperity

Single-person households are on the increase worldwide. In China, the number of solitary adults was expected to approach 100 million in 2021, up 30% from 2018.   © Kyodo

TOKYO -- For the first time in approximately 300,000 years of existence, the human race is about to enter a period of population decline, according to Hiroshi Kito, a historical demographer and former president of the University of Shizuoka.

A new normal is approaching in this era of shrinking numbers, and as this transpires some of the givens and conventions that underpinned modern societies and economies will come undone.

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