South Korea’s Radical Solution to Asia’s Birth Rate Crisis

South Korea is facing a demographic time bomb. The nation is grappling with the world’s lowest fertility rate and a rapidly aging population, which threaten its very future. The unfolding crisis mirrors a global trend that’s hitting East Asia hardest, forcing a reckoning between tradition and modern day realities for women. The choices South Korea makes now might provide a path for others to follow.

Read more about how Asia's Baby Shortage Cries Out for a Gender Equality Solution on Bloomberg:
https://www.bloomberg.com/news/features/2024-11-01/birth-rates-drop-has-governments-in-east-asia-scrambling-for-a-fix

00:00 Intro of South Korea’s birth rate problem
01:57 Government-run matchmaking event
02:24 Where South Korea stands
02:45 Why young people avoid marriage and childbirth
04:25 How they got here
06:28 Gender equality plays a role
08:22 The wider global trend
09:07 What’s next?

--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1

Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.