A problem that faces Japan's modern economy is

Japan is the 5th greatest economy in the world. But, Japan has been experiencing deflation and delayed growth since the 1990s. Shinzo Abe's "Abenomics" failed to improve low prices, costly imports, and a huge debt-to-GDP ratio

Japan's economic challenges:

Japan is the world's most massively appreciative rich country, with administration debt larger than twice as huge as the federal economy. The administration requires to increase money to spend down this debt, but it also requires more money to pay on social care for its previously growing community.