12-Mar-18, Asia Times
Before focus shifted to China’s looming demographic crisis, and years after the issue had already thrust uncertainty on the prospects for Japan, Korea was busy becoming the poster child of aging populations.
Image: Reuters / Kai Pfaffenbach
Korea is not getting closer to a solution. In Dec-17 the country for the first time reported more deaths than births amid a plunging fertility rate. Government programs aimed to encourage young parents to have more children have not worked. And it is unclear whether importing labor will ever be excepted as an antidote.