{"id":2203530,"date":"2024-01-19T08:00:33","date_gmt":"2024-01-18T23:00:33","guid":{"rendered":"https:\/\/koreapro.org\/?p=2203530"},"modified":"2024-01-18T22:55:22","modified_gmt":"2024-01-18T13:55:22","slug":"south-koreas-rival-parties-propose-actions-to-reverse-low-birthrate-amid-doubts","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2024\/01\/south-koreas-rival-parties-propose-actions-to-reverse-low-birthrate-amid-doubts\/","title":{"rendered":"South Korea\u2019s rival parties propose actions to reverse low birthrate amid doubts"},"content":{"rendered":"
South Korea\u2019s ruling People Power Party (PPP) and the main opposition Democratic Party (DP) have each <\/span>proposed measures<\/span><\/a> to combat the nation\u2019s low birthrate. The PPP plans to enforce paid parental leave for fathers, increase the monthly salary for parental leave and establish a population ministry to oversee the country\u2019s demographic trends. Meanwhile, the DP\u2019s package focuses on providing housing for couples with multiple children, issuing low-interest loans to new couples and offering financial incentives for child support.<\/span><\/p>\n Both parties aim to address the demographic crisis, with the PPP emphasizing structural reforms and parental support and the DP proposing extensive financial aid and housing support. The DP estimates its measures will cost approximately $20.9 billion (28 trillion won) annually.<\/span><\/p>\n Why It Matters<\/b><\/p>\n Despite the proposals by the PPP and the DP to address South Korea\u2019s declining birthrate, neither side\u2019s proposal is likely to be sufficient. While both parties\u2019 proposed measures offer financial incentives or support services, they are unlikely to be able to match the high cost of <\/span>private education<\/span><\/a> or <\/span>home prices<\/span><\/a>. Despite promising parental leave for fathers, they also overlook cultural pressures such as entrenched <\/span>gender inequalities in childcare<\/span><\/a> and the workplace that contribute to people\u2019s reluctance to have children.<\/span><\/p>\n Without a significant shift in cultural attitudes toward gender roles, work culture and educational pressures, it is unlikely that financial incentives or housing benefits alone will reverse the trend. While these policies might provide temporary relief and could garner votes ahead of April\u2019s parliamentary elections, they are unlikely to address the root causes of South Korea\u2019s demographic decline.<\/span><\/p>\n