South Korea to China: Why is East Asia Producing So Few Babies?
In recent years, East Asia has been facing a demographic challenge that is raising concerns both domestically and internationally: declining birth rates. Countries like South Korea and China, once known for their large populations, are now grappling with fertility rates that have fallen below replacement levels. This phenomenon raises questions about the future stability and economic vitality of the region. What factors are driving this trend, and what are the potential consequences? The Demographic Landscape: South Korea and China are not alone in facing declining birth rates; many East Asian countries are experiencing similar demographic shifts. The reasons behind this trend are complex and multifaceted. One significant factor is the region's rapid economic development and urbanization. As countries become more affluent and urbanized, people tend to have fewer children due to the high costs associated with raising a family in urban areas. Additionally, cultural shifts and changin...
