{"id":2196641,"date":"2022-06-07T15:51:07","date_gmt":"2022-06-07T06:51:07","guid":{"rendered":"https:\/\/www.nknews.org\/pro\/?p=2196641"},"modified":"2023-04-05T16:12:18","modified_gmt":"2023-04-05T07:12:18","slug":"south-koreas-demographic-crisis-could-be-yoon-suk-yeols-biggest-challenge","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2022\/06\/south-koreas-demographic-crisis-could-be-yoon-suk-yeols-biggest-challenge\/","title":{"rendered":"South Korea\u2019s demographic crisis could be Yoon Suk-yeol\u2019s biggest challenge"},"content":{"rendered":"
New South Korean President Yoon Suk-yeol sold his razor-thin election win over Lee Jae-myung as a \u201cvictory of the great South Korean people\u201d and has promised to tackle growing economic disparity through deregulation and market-led policies.<\/span><\/p>\n But Yoon\u2019s lack of policy experience and the difficulties his government faces in fostering post-election unity are cause for concern. Among a laundry list of challenges for the president is South Korea\u2019s rock-bottom birth rate and aging population. Both have negative implications for the country\u2019s economy, demographics and <\/span>security<\/span>.<\/span><\/p>\n The way to solve these seemingly intractable challenges is to develop a two-pronged socially inclusive policy. One part will support Korean women in their choices to work and\/or have families, and the other will encourage low and semi-skilled foreign workers to fill labor gaps in South Korea\u2019s economy. <\/span><\/p>\n