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South Korea Existential Crisis: The First Nation Predicted to Disappear

by Becky
2024-12-04
in World
A A
South Korea

(Freepik)

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Jakarta, Indonesia Sentinel — South Korea is grappling with a severe population crisis that some experts predict could make it the first country to vanish entirely. A combination of ultra-low birth rates, economic pressures, and cultural shifts has driven concerns that the nation’s population, currently around 51 million, could shrink to a third of its size by the century’s end.

Record-Low Birth Rates

In 2023, South Korea’s fertility rate dropped to a historic low of 0.72 children per woman, far below the replacement rate of 2.1. Early projections for 2024 suggest an even lower rate of 0.6, according to The Economic Times. If this trend persists, South Korea’s population could halve by 2100, with the most extreme scenarios predicting a reduction to just 14 million people.

A national survey conducted by the Korea Women’s Development Institute highlights widespread reluctance among South Koreans to have children. Over 75% of respondents aged 20 to 49 consider childbirth a burden, citing financial and emotional strains. For younger generations, the perception is even more pronounced, with 84% of respondents in their 20s viewing parenthood negatively.

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Root Causes

South Korea’s demographic decline stems from a mix of historical and contemporary factors. In the 1960s, the government introduced family planning policies to curb overpopulation during a period of rapid economic growth. While effective at the time, these measures inadvertently laid the groundwork for today’s crisis.

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Modern challenges exacerbate the issue. Rising costs of living, expensive childcare, and career disruptions discourage many couples from starting families. Women, in particular, face societal and workplace pressures, with many prioritizing careers over marriage and motherhood.

Gender inequality also plays a significant role. A 2024 report by The Korean Times revealed that cultural norms often place an outsized burden on women, further deterring them from having children. Additionally, the administration of President Yoon Suk-yeol, which has been accused of anti-feminist policies, has deepened gender divides and fueled frustration among young people.

Immigration: A Partial Solution

While many developed nations rely on immigration to counterbalance declining birth rates, South Korea has struggled to attract and integrate foreign workers and residents. Marriages between South Korean men and foreign women, particularly from Vietnam, have risen since 2000, but these unions often highlight cultural and economic disparities.

For instance, only 20% of foreign-born wives work during their first year of marriage, compared to 50% of native Korean women. Financial control also skews heavily towards husbands in such households, compounding challenges faced by migrant spouses.

Government Initiatives

South Korea has launched various programs to boost birth rates, including tax breaks, subsidized childcare, and exemptions from mandatory military service for fathers with three or more children. However, these measures have seen limited success.

Efforts to recruit foreign caregivers and provide incentives for larger families have failed to address deeper societal issues like workplace inequality and exorbitant education costs.

Democracy Under Fire: South Korea Declares Martial law!

A Worrying Future

If current trends continue, South Korea’s shrinking population will have far-reaching consequences for its economy, labor market, and social structure. Without substantial reforms addressing gender equality, economic pressures, and immigration policies, the country risks becoming a cautionary tale for other nations facing similar demographic challenges.

The question now is whether South Korea can adapt in time to avoid the looming threat of national decline.

 

(Becky)

Tags: Birth RatesExistentialnationpopulationSouth Korea
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