The Future of K-Power: What South Korea Must Do After Peaking (CEIP/22 Aug 2024)

Carnegie Endowment for International Peace analyzes the future of South Korea's cultural and economic marvel - and emphasizes that the birth rate issue poses a significant threat to its long-term global influence and leadership. In-demand soft power exports such as K-pop, K-dramas and K-culture in general were highlighted as facing uncertain prospects as the population ages and shrinks, resulting in challenges sustaining innovation and productivity.