VOICED: Shrinking, debt-addled town is Japan in miniature

Northern Japan faces severe economic challenges, with a significant population decline and high debt levels. The town of Yubari exemplifies these issues, having gone bankrupt and experiencing a mass exodus of young people. High living costs and low wages exacerbate the situation. Efforts are underway to revitalize Yubari, with hopes that these methods can be applied to the broader Japanese economy, which faces similar demographic and financial challenges.

What was the primary cause of economic decline in the northern Japanese town?

• Government policies

• Lack of tourism

• Natural disasters

• Closure of mining pits

What is one of the main challenges faced by the young people left in the town?

• Limited transportation options

• Poor healthcare services

• Lack of educational facilities

• High cost of living

What measure has been taken in the town to cope with financial difficulties?

• Expanding healthcare services

• Turning off municipal fountains

• Increasing public transportation

• Building new schools

What demographic trend is highlighted as a concern for Japan's future?

• Rising immigration

• Aging population

• Decreasing urbanization

• Increasing birth rates

What is the debt situation in Japan compared to other developed countries?

• Twice the GDP

• About the same

• Slightly higher

• Lower than average