Koreas Growth Could Flatline Due To Aging Population

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Korea's Growth Could Flatline Due to Aging Population
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Korea's Growth Could Flatline Due to Aging Population

Korea's economic growth could flatline completely if the country fails to take adequate steps to deal with its aging population, according to a study the Bank of Korea released Thursday.

The study warns that Korea could then see its economy shrink within the next 30 years if the low birthrate continues.

The BOK said if the rate of economic participation by age group remains unchanged and labor productivity declines, average annual growth will fall to half the present level within 10 years.

SISTARs Bora And Kim Ji Suk To Star In Koreas First Web Movie
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SISTARs Bora And Kim Ji Suk To Star In Koreas First Web Movie

SISTARs Bora and Kim Ji Suk will star in the web movie Irish Uppercut.

On April 19, Starship Entertainment revealed the poster for the movie that will premiere in two parts on April 24 at 11 p.m. KST through Naver TV.

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Irish Uppercut will show off the refreshing chemistry between the two leads with a gorgeous Jeju Island backdrop.  In the movie, Bora will be playing an adorable grim reaper by the name of Do Hye Na.  Do Hye Na has nothing going for her in this world, but when she passes away she meets a cook named Woo Shi Hyung, played by Kim Ji Suk, in the afterlife and they experience many episodes together in a pub called Irish Uppercut.

Netizens can't believe Jang Na Ra's un-aging appearance
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Netizens can't believe Jang Na Ra's un-aging appearance

On April 19, various online communities discussed the topic of actress Jang Na Ra's un-aging appearance!

The 37-year old actress attended a special opening ceremony,'Election, Makes the Republic of Korea', in Seoul at the Sejong Center for the Performing Arts on April 17.

SEE ALSO: [OP-ED] Why fans feel angered when Korean idols 'change'

The revealed photos show Jang Na Ra dressed in a feminine blouse with white frills decorated with pearl buttons and a flower carnation.

Netizens expressed their awe toward the actress' unaltered appearance since her debut, attracting many with her milky white radiant skin and large eyes. She could still easily pass for her 20's, don't you agree?

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Youth Population Dwindles Below 10 Million

The country's youth population has dropped below 10 million for the first time and is projected to keep dwindling until 2060, when it will hover at about 5 million.

The decline will cause labor shortages and have a negative effect on economic growth.

According to a census published by Statistics Korea on Tuesday, the total population is 51.45 million this year, but only 9.25 million are between nine and 24.

This is the first time since the first census in 1970 that the youth population has plunged below 10 million.

This is why Lee Sung Kyung is being called Koreas Gigi Hadid
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This is why Lee Sung Kyung is being called Koreas Gigi Hadid

W Magazine recently interviewed the acclaimed actress Lee Sung Kyung theyve dubbed her South Korea’s very own Gigi Hadid. Heres why.

The South Korean model and actress has recently become one of the most popular celebrities in Korea. Lee Sung Kyung’s acting career started in 2014 when director Kim Kyu Tae was searching for an actress to play one of the roles in the SBS drama It’s Okay, This is Love. At this time, Lee was already a successful model that had quite a large fanbase. Kim Kyu Tae’s daughter was one of her fans and she showed Lee’s Instagram to her father, and from that moment on, everything fell into place.