Declining birthrates and an aging population, economic stagnation, and intensifying global competition—modern Japan can no longer rely on its past models of success.
In his book The Third Japan, Taichi Sakaiya argued that Japan must transition into a “knowledge-value society”, one that generates new forms of value beyond traditional industries.
The future he envisioned is one that demands realization now more than ever.
This article aims to outline Japan’s current challenges and present Sakaiya’s vision as a concrete roadmap for the nation’s transformation. (To be continued in Part 1.)
The Grave Challenges Facing Japan Today
