Declining Birth Rates
Declining birth rates refer to the gradual decrease in the number of births per year. This trend impacts population growth and age demographics. It can lead to an ageing population, affecting the economy and social services. Factors include changing societal norms, increased access to education, and economic pressures. Policymakers must address the implications for workforce sustainability and pension systems.
South Korea is facing a demographic crisis. The country’s birth rate has plummeted to alarming levels. If current trends continue, the population could shrink dramatically by the end...
December 2, 2024