South Korea’s low birth rate isn't swaying the young to start a family


By AGENCY
People shop at a flea market hosted by Bunjang, an e-commerce platform for secondhand sales, in Seoul, South Korea. — Reuters

AS THE country scrambles to halt the sharp decline in its birth rate, South Korea policymakers are having a hard time convincing many in their 20s and 30s that parenthood is a better investment than stylish clothes or fancy restaurants.

Asia’s fourth-largest economy plans to launch a new government ministry dedicated to demographic challenges after years of incentives failed to ease the baby crisis.

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