UNDP launches 2021/22 Human Development Report in Korea, emphasizing opportunities in times of uncertainty
UNDP launches 2021/22 Human Development Report in Korea, em…
Oct 3, 2022
undp.org
Korea (DPR)
Korea (DPR)
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By 2060, the South Korea we know and love today will no longer exist. With the lowest fertility rate ever recorded, the population is shrinking fast, and the country is undergoing a quiet and possibly irreversible change. The effects are starting to show everywhere: from shrinking cities and vanishing youth to rising poverty among the elderly and a future without enough workers or young people to keep society running. What does South Korea’s situation mean for its economy, its society, and the w
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Within one lifetime, the Republic of Korea has evolved from a nation facing poverty, fragility, and conflict into a leading global economy. This transformation highlights the resilience of the Korean people and the success of Korea’s partnership with the International Development Association (IDA), the World Bank’s fund for 78 low-income countries. Ahead of IDA’s 21st replenishment meeting in Seoul, we explore the country’s remarkable developmental transformation. Learn more: worldbank.org/korea
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