KANAZAWA, Japan—As a result of demographics are presupposed to be future, Japan was way back consigned to stagnation with its ageing inhabitants and rock-bottom birthrate.

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However lately Japan has defied future. Since 2012, its working-age inhabitants has shrunk by 4.7 million, but the variety of individuals working has surged by 4.4. million, the crucial ingredient in what’s now Japan’s second-longest financial growth since World Warfare II. The proportion of the inhabitants within the labor drive has risen sharply since 2012, by greater than…

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