Will Japan no longer be a developed country by 2050?
10
103
250
2051
6%
chance

Japan once had a so-called economic miracle in the latter half of the 20th century, but since early 1990s, its economy growth has stagnated for decades due to a variety reasons, and nothing seemed to really work in a long run. People have called the stagnation "the lost decade", the "lost 20 years", the "lost 30 years" as time passed.

If Japan fails to meet the standard for a developed country in 2050 defined by GDP per capita, then the resolution will be yes.

Get Ṁ200 play money
Sort by:

How is this defining "developed country"? Some official ranking of development, or GDP, or what?

Hypothetically, let's say that Japan stays in pretty much the same condition it is now, but many other countries adopt some major technological innovation that completely transforms life there, to the point that present-day-ish Japan feels obsolete and backward. Would that be sufficient to resolve to YES? Or would Japan need to become significantly less modern than it is today for a YES resolution?

@NLeseul Thanks for feedback. My thought for the resolution criteria: if Japan fails to meet the standard for a developed country in 2050, then it is yes.

Also, from what I know, the criteria for a developed country based on GDP per capita would likely to raise as time passes since the average GDP per capita of the world likely moves upwards as time passes.

@k1234567890y What, precisely, is "the standard for a developed country in 2050"?