I. Maintaining Economic Dynamism under the Adverse Demographic Conditions of Low Fertility and Aging Population

Japan is faced with a challenging task of achieving sustainable economic growth at a time of unparalleled low fertility and aging population. In order to help policymakers meet this challenge, RIETI will undertake comprehensive and integrated research on means of promoting structural change in the economy; increasing labor force participation rates of women, the elderly and young people; increasing productivity of both labor and capital; identifying a social security system that can secure an optimal intergenerational and intra-generational balance of benefits and contributions under the public pension system; and designing effective fiscal policy and restoring the nation's fiscal balance.