OECD warns South Korea over low birth rate (AA/11 Jul 2024)

The OECD has urged South Korea to prioritize addressing its record-low fertility rate of 0.7, which threatens long-term economic growth. The OECD recommends improving work-life balance, reducing the gender gap, supporting working parents, and attracting skilled migrant workers to enhance the labor market. Additionally, boosting productivity in SMEs and improving energy efficiency are crucial for sustainable growth and meeting emissions targets.