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2/25/2023

Topic Reading-Vol.3959-2/25/2023

Dear MEL Topic Readers,
South Korea breaks its own record for world’s lowest fertility rate
The fertility rate is the ratio between the number of live births in a year and the whole female population of childbearing age (the average number of women between 15 and 50 years of age over the year). Assuming no net migration and unchanged mortality, a total fertility rate of 2.1 children per woman is needed to maintain a stable population. Many African countries have a very high fertility rate of over 4.0 and about half of the countries in the world have a higher fertility rate than 2.1. However, economically developed Asian countries like Japan, South Korea, Singapore, and China all have low fertility rates. South Korea, known for the world’s lowest fertility rate, renewed the rate to 0.78 in 2022 with only 249,000 new births. The average age of the mothers of these newborn babies was 33.5. With 372,800 deaths, the country with a population of just over 50 million lost over 120,000 of its population just in a year. Why are South Koreans reluctant to have a child or children? Are there any dominant social, cultural, or financial problems?
Read the article and learn about the country with the world’s lowest fertility.
https://edition.cnn.com/2023/02/22/asia/south-korea-lowest-fertility-rate-record-2022-intl-hnk/index.html

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