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The Fertility Decline in Korea
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The Fertility Decline in Korea

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What seems to be a partial and indirect solution to the recent fertility decline may be the key in helping a significant portion of working parents in Korea

What seems to be a partial and indirect solution to the recent fertility decline may be the key in helping a significant portion of working parents in Korea

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The Fertility Decline in Korea The Fertility Decline in Korea Presentation Transcript

  • The Modern Fallacy of Composition: The Low Birth Rate in Korea Jin Sun Park Senior Seminar Thesis May 5, 2010
  • Meet the average Unlike the consequences of overpopulation, little is known about the negative impacts of low birth rate. Kim-Lee-Park’s The case of Korea, with one of the world’s lowest birth rates today– at 1.15 children per household– is examined to understand its recent fertility decline.
  • Fertility Decline = Issue?
  • Korea Japan UK France US OECD Average 2.10 2.1 2.0 1.75 1.8 1.7 1.40 1.3 1.05 1.1 0.70 0.35 0 Chart 1: TFR of Several ‘Organization for Economic Co-operation and Development’ (OECD) Countries Chart 2: Fertility Decline in Korea by Selected Years 6.33 6.5 Total Fertility Rate 5.2 4.71 3.9 2.92 2.6 1.60 1.59 1.47 1.30 1.17 1.19 1.16 1.26 1.15 1.08 1.13 1.3 0 1955 ‘65 ‘75 ‘85 ‘95 2000 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 Low Birth Rate + Its Consequences
  • Economic Factors + Changing Values High Educational Costs Fertility Decline Socioeconomic Social Factors Factors
  • Working Mothers • Increase in women’s participation in the labor force • Incompatible social structure
  • Employer-Sponsored Worksite Daycare Through partnerships between small to medium size companies in Industrial Complexes in Korea
  • What Working Parents Need •Their demands in childcare centers differ from those of stay-home parents’ •Flexible + longer hours of operation •Open on weekends + holidays
  • Who Is Taking Care of Your Kid? Chart 3: Types of Caretaker for Different Occupational Class • Different approach for different occupational class • The more labor-intensive your job, the more likelihood of relying on third-party caretakers • Serving small to medium size companies in Industrial Complexes in Korea Data from Korean Statistical Information Service
  • FAMILIES Employer-Sponsored Worksite Daycare - Reduced commuting time - Increased peace of mind - Instant access to working parents with high pent-up demand - Nursing mothers can continue to breast-feed EMPLOYERS GOVERNMENT - “The upper hand in the battle for talent” - Creating social support - Improved retention rates - Encouraging working parents to have more children - Government subsidies
  • Location: Busan •Metropolitan Seoul Area = Highly saturated Competitors: MoaMom •Busan has the lowest birthrate at 0.98 Pruni Pruni Joint Daycare Centers in Korea, after Seoul SEOUL BUSAN
  • G.2.6. SJ Industrial Complex in Busan, Korea • 624 companies, 16,669 employees ( 12,442 men + 4257 women) • 99% = Manufacturing Business • Currently 42 daycare centers, with a total occupancy of 3769 children
  • KIDS ADORE Lorem ipsum dolor sit amet, ligula suspendisse nulla. Pretium, rhoncus tempor KIDORE placerat, enim integer ad vestibulum volutpat. Nisl rhoncus turpis est, vel elit, DAYCARE congue wisi enim nunc ultricies sit, magna tincidunt. Maecenas aliquam maecenas ligula nostra, accumsan taciti. Sociis mauris in integer, a dolor netus non dui aliquet, sagittis felis sodales, dolor sociis mauris, vel eu libero cras. Interdum at. SJ Industiral Complex, Busan T: (123) 456-7890 F: (123) 456-7891 W: www.kidore.com
  • Thank You!