Not a baby factory: South Korea tries to fix demographic crisis with more gender equality [Reuters]
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Source: Reuters
Not a baby factory: South Korea tries to fix demographic crisis with more gender equality | Reuters 8 Min Read SEOUL (Reuters) - In just over a decade, South Korea has spent the equivalent of a small European economy trying to fix its demographic crisis, yet birthrates have dropped to the lowest in the world. This year, President Moon Jae-In, who describes himself as a feminist president, is testing a new angle: showing women more respect. At the end of last year, South Korea announced plans to remove some of the disincentives for employing women, allowing both parents to take parental leave at the same time and extending paid paternal leave. Employers also get incentives to allow either parent to work fewer hours. “Efforts on gender equality are very timely,” said Shin Eun-kyung, an economist with the Organisation for Economic Co-operation and Development. South Korea is the worst place for women to work in the OECD, despite women being among the organization’s best educated, and mor
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