Size and Japanese power (East Asia Forum)

In 2008, the Japanese population peaked at 128 million. Already Japan has a million fewer people today than it did then. With the workforce shrinking even faster — almost 10 million lower than at its peak in 1997 — and the proportion of the population over 60 years old now at more than one-third of the total population, per capita income growth has stagnated. Japan’s economic size is on the way to maxing out. Relative to its faster growing neighbours, its share of regional GDP is declining, as too is its share of global income

http://www.eastasiaforum.org/2016/05/16/size-and-japanese-power/