QUOTE(KimJongIL @ Feb 6 2008, 05:59 PM) [snapback]3477571[/snapback]
Japan's No.1 issue is they lack natural resources, but they have abundant human resource.
Yes, Japan have reached their peak and economically won't be growing given their population will be shrink, but will remain strong unless they go to war with neighboring countries or some disaster (natural disasters) causes damage.
However, their innovations and scientific achievement will be growing.
And growing China and unification of 2 Koreas might be their down fall as two nations will not let Japan to go free.
I don't like using the term downfall but more along the lines of becoming less important and the focus of widening and being more focused on China.
QUOTE(In4ser @ Feb 13 2008, 12:29 AM) [snapback]3494695[/snapback]
That's one of primary reasons, but it didn't stop it from becoming an empire in WWII or booming during 80s, but a declining population isn't helping either, nor is productivity increasing rather I've read a few articles on the new generation supposedly being less productive (me thinks why the Japanese so facinated with robots solves both productivity and population issue lol). While I don't forsee Japan plummeting from the world economy, but rather quietly surpassed by its Asian neighbors in particular China and India in the future...had have a relationship like Great Britain to USA and China.
I don't think that it's a disgrace to be Economically surpassed by two countries the size of India and China. It did take them about a century (maybe longer) to finally get their proverbial $hit together and catch up with the rest of the civilized, economic giants of the World. All China and India are doing is playing catch-up.