KEI is pleased to host an exclusive event, “Beyond the Demographic Cliff: Economic Adaptation in Hyper-Aged Korea,” which examines how South Korea can redesign its economic structures to sustain prosperity and promote national security under conditions of demographic maturity.
KEI Non-Resident Fellow Darcie Draudt-Véjares will discuss this research into South Korea’s demographics and help attendees better understand how and why South Korea’s efforts to reverse its world-low fertility rates have failed.
By 2070, Korea’s population is projected to shrink by 27%, with older adults comprising nearly half the total. But the country can also adapt to this new reality, prioritizing age-smart industrial policy and retooling national strategies around longevity and capital efficiency. This includes increasing investment in financial literacy, pension equity, and regional specialization.
Dr. Draudt-Véjares’s full report on these pathways forward will be featured in the spring/summer issue of KEI’s flagship journal, Korea Policy, due out in early June.
Dr. Ellen Kim, KEI’s Director of Academic Programs, will host this hybrid panel event on Monday, May 19, from 11:00 a.m. to 12:00 p.m. EDT at the KEI event space in Washington, D.C. and . Lunch will be provided to those who attend in person.