South Korea's birth rate drive struggles to sway 'YOLO' generation

By Reuters

Aug 29, 2024 12:01 am

SEOUL — As South Korea scrambles to halt the sharp decline in its birth rate, policymakers are having a hard time convincing many in their 20s and 30s that parenthood is a better investment than stylish clothes or fancy restaurants.

Asia's fourth-largest economy plans to launch a new government ministry dedicated to demographic challenges after years of incentives failed to ease the baby crisis.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Knife-edge November: Teetering on the climate abyss

Hope springs eternal, but when dashed it's deadly

This is not a drill: Fascism is on the ballot

Worries for Japan economy after election shock

Harris is the freedom candidate

Kashmir's Black Day

Unlocking urban climate finance: Key insights from Indonesia