The Global Implications of South Korea's Low Fertility Rate.

South Korea has the world's lowest fertility rate, with women choosing to have fewer children or none at all due to a rise in the cost of living, oversaturated job market, and plummeting marriage rates. Despite investing heavily in programs to support new mothers, the government's approach is a "Band-Aid solution" that fails to address structural problems such as the lack of affordable housing and a culture of "workism." Experts suggest that countries with declining populations can boost fertility rates by addressing work cultures and gender roles, as seen in countries like France and Denmark.