Steps Toward Restoring the Medium- to Long-Term Sustainability of Social Security

Author: Oguro Kazumasa

Categories: In-Depth with Nippon.com

Japan’s public finances are facing an unprecedented situation in both historical and international terms. The debt to GDP ratio of general government (central and local) has exceeded 200%, an all-time high surpassing the level recorded in fiscal 1944 toward the end of World War II.

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