Japan along with some other First World countries has an average total fertility rate below that replacement rate. For other First World countries, that’s not a problem, because immigration keeps the population size constant or even growing despite low fertility. However, Japan’s near-absence of immigration means that Japan’s population is actually declining, as we’ll discuss. Part of the reason for Japan’s falling birth rate is that Japan’s age of first marriage has been rising: it’s now around 30 for both men and women. That means fewer pre-menopausal years in which a woman can conceive
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