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.