💨 Abstract

South Korea's birthrate, the lowest globally, rose in 2024 for the first time in nine years, due to a surge in marriages and government incentives for parenthood. The rise was partly due to pandemic-delayed marriages and policy efforts in work-family balance, childcare, and housing. The stakes are high as the demographic crisis poses a significant risk to the economy and social welfare system.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖