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Japan's University Fund promises to revitalise Japan's research output, but there are good reasons to doubt its effectiveness, writes Hideaki Tanaka (Meiji University).
Japan has one of the lowest birthrates in the world, and the number of 18-year-olds in the country has dropped by nearly half in the past 30 years. The result is shrinking enrollments, lowered standards, shuttered schools and economic pains as companies fight over a limited supply of young.