Christmas Celebratory Again In Holy Land Amid Ongoing War; Patriarch Urges Pilgrims To Return
Vatican: Former Choir Director, Manager Convicted Of Embezzlement, Abuse Of Office
Christians in Aleppo feel an uneasy calm amid rebel takeover of Syrian city
Kathmandu synodality forum: Indigenous people, ‘not the periphery but at the heart of the Church’
Indian Cardinal opposes anti-conversion law in poll-bound state
12,000 gather as Goa starts exposition of St. Francis Xavier relics
If current trends are not reversed, the South Korean popu-lation will be halved in 80 years. At the same time, the “Asian tiger” will see its GDP drop to 20th place, this according to a study by the prestigious medical journal Lancet.
The birth rate is hot issue in the Asian country, beset by wage discrimination against women and an unfettered capitalism that leads young couples not to have children in order not to have career problems.
At present, the total popula-tion is around 53 million. It should peak in 2031 at 54.29 million, before plunging to 26.78 million by 2100. At the same time, the economy is likely to take huge steps backwards.
According to Lancet, fewer people “might reduce innovation in economies and fewer workers in general might reduce domestic markets for consumer goods, because many retirees are less likely to purchase consumer durables than middle-aged and young adults.”
Experts estimate that high-income countries with low fertility rates will be forced to adopt more liberal immigration policies and prepare their socie-ties to assimilate newcomers. Otherwise, they can expect economic, fiscal and geopolitical collapse.
Leave a Comment