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Why South Korea’s Economy is Stagnating

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Sign up to Imprint (with a 7-day free trial and 20% off an annual plan): https://imprintapp.com/TLDR14 After decades of major growth, South Korea's economy is stagnating as structural problems begin to hold the country back. In this video, we'll explain the data and how an ageing population and Chinese competition could present long term economic issues. 🎞 TikTok: https://www.tiktok.com/@tldrnews 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! //////////////////////////// 1- https://www.ft.com/content/b34e8bc8-9f78-45c8-a15b-3df9cdfd858f 2 - https://www.ft.com/content/49a7a751-febe-4db1-9d24-a5b99eb694dc 3 - https://www.economist.com/finance-and-economics/2022/03/05/south-koreas-economy-threatens-to-become-like-japans 4 - https://kellogg.nd.edu/sites/default/files/old_files/documents/166_0.pdf 5 - https://core.ac.uk/download/pdf/51177858.pdf 6 - https://www.imf.org/external/pubs/nft/seminar/2002/korean/ 7 - https://www.phenomenalworld.org/analysis/miracle-in-reverse/ 8 - https://www.oecd-ilibrary.org/sites/9789264208261-5-en/index.html?itemId=/content/component/9789264208261-5-en 9 - https://keia.org/the-peninsula/from-six-children-per-woman-to-0-7-how-south-korea-confronts-its-population-cliff-and-shrinking-labor-force/ 10 - https://www.piie.com/blogs/realtime-economics/2024/south-korea-de-risking 11 - https://www.mckinsey.com/featured-insights/future-of-asia/koreas-next-s-curve-a-new-economic-growth-model-for-2040

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