South Korea Announces New Family Plans Amid Plummeting Birth Rate (Newsweek/31 Oct 2024)

Newsweek reports that South Korea, facing a "national emergency" over its declining birth rate, has introduced expanded parental leave, tax incentives for family-friendly workplaces, and improved postpartum care. Policies also include financial support for fertility treatments and flexible parental leave options. Despite a minor recent rise in births, likely due to delayed pandemic marriages, officials seek to make family life more appealing amid evolving social norms and high living costs.