Seoul accepts it will have to live with a low birth rate
South Korea is adapting to a shrinking population with new policies, government says
27 January 2021 - 10:34
Seoul — After years of failed efforts to boost the birth rate, South Korea’s government now says it will focus some of its energy on learning to live with population decline, rather than simply trying to halt it.
The government has “found it will be difficult to reverse the low birth rate trend in the near future” and so will be adopting a two-track approach of encouraging births while finding ways to adjust the economy to a shrinking and ageing population, according to a joint statement from 11 ministries on Wednesday...
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