South Korea Seeks ‘Emergency’ Plan to Boost World Low Birthrate
- Yoon Suk Yeol hosts his first low birth rate response meeting
- South Korea has the lowest fertility rate in the world
This article is for subscribers only.
South Korea needs to adopt an “emergency mindset” to reverse its fertility rate that ranks as the lowest in the world, its president said, calling for new initiatives to fix past policies that he sees as broken.
“The low birthrate problem is a crucial national agenda,” President Yoon Suk Yeol said Tuesday in the first meeting of a new team to develop policies to boost the birthrate. A shrinking population poses long-term economic risks by reducing the size of the workforce that underpins growth and vitality.