Schrumpfende und alternde Bevölkerung machen Südkorea zur „überalterten Gesellschaft“

From the article

>Those aged 65 and older “account for 20 per cent of the 51.2 million registered population, numbering 10 million”, the interior ministry said in a news release on Tuesday, placing South Korea alongside Japan, Germany and France as a “super-aged society”.

>It also means the elderly population has more than doubled since 2008, when it numbered fewer than five million, according to the ministry.

>Men account for 44 per cent of the current 65-and-older group, the data showed.

>The government has poured billions of dollars into encouraging more births, with Seoul authorities offering subsidies for egg freezing in one recent effort.

>However, such efforts have failed to deliver the intended results and the population is projected to fall to 39 million by 2067, when the median population age will be 62.

All the East Asian economic and technological powerhouses, that developed ultrafast, they all are contending with severe population decline . Japan, South Korea, Taiwan, Hong Kong, Singapore.

The economic machine is embedded in the society and shouldn’t be considered as a separate entity.