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What major reform will South Korea introduce to address aging population by mid-2025?
2
Resolution / Starting Odds
Healthcare reforms • 25%
Pension system reforms • 25%
Immigration policy changes • 25%
No major reforms • 25%
Official announcements from South Korea's Ministry of the Interior or related government bodies
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South Korea Enters 'Super-Aged Society' as 20% of Population is 65 or Older, With 0.7 Birth Rate
Dec 24, 2024, 08:08 AM
South Korea has officially entered a 'super-aged society,' with 20% of its population aged 65 or older, according to recent demographic data. This milestone reflects a significant demographic shift, as the elderly population is predominantly female, with 22.2% of women and 17.8% of men aged 65 and above. The country's low birth rate, currently at 0.7, is one of the lowest in the developed world, contributing to this aging trend. Officials, including Kim Min-jae from the Ministry of the Interior, have emphasized the urgency of establishing dedicated policies to address the challenges posed by this demographic change.
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Increased healthcare spending • 25%
Pension system reform • 25%
Labor market reforms • 25%
Other economic measures • 25%
Increase in retirement age • 25%
Decrease in retirement age • 25%
No change • 25%
Other adjustments • 25%
Increasing birth rate • 25%
Supporting elderly care • 25%
Immigration policy changes • 25%
Other • 25%
Economic reform • 25%
Military reform • 25%
Social policy reform • 25%
Environmental policy reform • 25%
Currency stabilization • 25%
Inflation control • 25%
Export promotion • 25%
Other • 25%
Laws become stricter • 25%
Laws become more lenient • 25%
No significant changes • 25%
Laws abolished • 25%
Yes • 50%
No • 50%
Financial incentives for families • 25%
Increased parental leave • 25%
Campaigns promoting childbearing • 25%
Other • 25%
Increase in defense spending • 25%
Reduction in military personnel • 25%
Strengthening alliances with other countries • 25%
Other • 25%
Introduce new incentives for marriage • 25%
Introduce new incentives for childbirth • 25%
No significant policy changes • 25%
Other policy measures • 25%