South Korea spent $200 billion, but it can’t pay people enough to have a baby

 Seoul, South Korea

CNN — 

The season of baby fairs is here once again in South Korea. Busy, noisy affairs held in cavernous conference halls where hundreds of vendors try to sell expectant parents everything they could possibly desire for their new bundle of joy – and plenty of other things they never knew they needed. 

But this is a shrinking business, and the customer base is dwindling.

South Korea recently broke its own record for the world’s lowest fertility rate. Figures released in November showed the average number of children a South Korean woman will have in her lifetime is down to just 0.79.

https://www.cnn.com/2022/12/03/asia/south-korea-worlds-lowest-fertility-rate-intl-hnk-dst/index.html

Jason Connor