Korea’s moving forward demographics sells extreme pressures, maybe not least money for hard times of your Korean benefit. OECD forecasts recommend that, on current styles, the complete size of the fresh new Korean labour force is determined so you can refuse because of the throughout the 2.5 million professionals across the next few , so you’re able to an estimated 25.0 million for the 2040 (Profile 2.7). This may enjoys biggest implications getting monetary performance. The combination away from a diminishing labor push and you may an aging populace will additionally lay considerable tension towards the social finances, since demand for government spending on healthcare and pensions develops once the available team refuses. Continuarea →