Low birth rate

**Korea, Japan’s Low Birth Rate Problem: It’s the Economy, Stupid!**

President Lee Jae Myung and Prime Minister Shigeru Ishiba held a summit in Tokyo, agreeing to strengthen cooperation on shared challenges amidst global trade shifts, including launching an intergovernmental consultative body. They reaffirmed commitment to denuclearization of the Korean Peninsula and discussed strategies for future industries like AI. The leaders also pledged to increase youth exchanges through the working holiday program and issued a joint statement addressing North Korea’s activities, including its cyber activities and military ties with Russia. This meeting marks a significant step in bilateral relations, the first for a Korean president since the normalization of diplomatic relations in 1965, and builds upon their recent G7 summit talks.

Read More

Korean Fathers Embrace Paternity Leave Amidst Demographic Concerns

Korean fathers increasingly take paternity leave amid demographic crisis is a trend that’s gaining momentum, and it’s tied to a complex set of circumstances. This isn’t just about a societal shift; it’s intertwined with the urgent reality of a declining birth rate, often referred to as a demographic crisis. It’s a challenge South Korea faces head-on, with its fertility rate among the lowest globally. The response? Increased availability and acceptance of paternity leave.

One of the key takeaways is that paternity leave isn’t just beneficial for fathers. It’s linked to positive outcomes, from better marriages to more involved fathers and even potentially lower crime rates in the long run.… Continue reading

South Korea’s Super-Aged Society: A Demographic Time Bomb

South Korea officially entered “super-aged” society status on Monday, with 20 percent of its 51.22 million population now aged 65 or older—a total of 10.24 million people. This milestone follows a steady increase in the elderly population, exceeding 10 percent in 2008 and 15 percent in 2019. The nation’s demographic crisis, marked by low birth rates and rapid aging, has prompted the government to establish a new population strategy ministry to address the issue. Regional disparities exist, with Jeolla Province showing the highest proportion of elderly residents at 27.18 percent.

Read More