Rethinking South Korea’s Demographic Challenge: The Economic Case for Temporary Labor Migration
The aging population will reduce productive capacity faster than capital accumulation and pronatalist policies can compensate.
The aging population will reduce productive capacity faster than capital accumulation and pronatalist policies can compensate.
Meeting Korea’s demographic challenge requires a comprehensive strategy, including by making greater use of foreign workers.
Despite a declining workforce and a need for foreign workers, South Korea maintains some of the strictest immigration controls among the OECD countries.
Korean fried chicken is an example of how an American dish became transformed in Korea and returned to the United States.
Policies designed to make citizenship easier for the children of permanent residents have been met with anti-Chinese sentiments.
The high rate of mental illness among North Korean refugees suggests that more resources should be directed to other vulnerable communities.
Travel restrictions that were imposed to contain the ongoing pandemic revealed how reliant South Korea’s agriculture industry is on foreign labor.
While recognizing the economic benefits of foreign workers, South Korea is still hesitant to take steps that would integrate immigrants into society.