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Japan Women and Technology

That was made apparent to me on a recent visit to Tokyo, where gray-haired individuals far outnumbered children in the streets. But the hustle and bustle also revealed that Japan does not accept that its aging population means its economic prospects must diminish. On the contrary, Japan is harnessing two of its assets — one long underutilized and the other a long-standing source of strength — to support continued economic expansion. Japan certainly faces demographic challenges. It is already the oldest country in the world, as measured by both the median age of the population (46.3 years) and the share of the population aged 65 years or more (26 percent). That compares to just 40.4 years and 17 percent, respectively, among all high-income countries. And Japan’s birthrate and inward immigration rate are low—as a result, the population is not only aging but shrinking. Japan’s working-age population peaked more than 20…