Demographic Decline in South Korea
If the current drop in the fertility rate persists South Korea’s population is expected to begin declining by 2027, an alarmingly early date.
Building a Safe South Korea
During his campaign, President Moon Jae-in said that the president and the Blue House should be the “control tower” for disaster management, citing Article 34 in the Korean constitution.
Moon Vows to Become a “President of All People,” but Faces a Nation Divided
An unexpected early presidential election was held on May 9 in South Korea. This election was the result of the impeachment of President Park Geun-hye. The election was won by Moon Jae-In, who strongly argued for eradicating ‘deep rooted evils”’ in Korean society, referring to the turmoil from the former President Park.
Not Worth a Dime? Korea Should Stop Producing 10 Won Coins
Late last year, the Bank of Korea (BoK), South Korea’s central bank, announced its plans for a “Cashless Society,” which first and foremost means getting rid of coins by 2020. But while the BoK has reduced its annual expenditure on coin production by 200 million won from 2015 to 2016, it could do more.
The Realignment of Korean Politics
Ahn’s plans called for a wave of support from citizens at the ballot booth who identified with equality, justice, and a fresh start. This would have translated into support from people all over the nation who were tired of traditional regionalism. This simply did not materialize.