Reimaging a Downsized Korea: Anticipating and Preparing for Four Scenarios

Authors

Paul Hong, The University of Toledo

DOI

10.5703/1288284318417

Abstract

As South Korea confronts persistently low birth rates and the inevitable demographic shifts that follow, this research reimagines the future of a downsized nation. By exploring four distinct scenarios—Stable Growth, Dynamic Transition, Status Quo, and Falling Trap—this study seeks to uncover how Korea can strategically leverage its human and natural resources to enhance the quality of life amidst these challenges. Drawing from historical context and expert insights, the research shifts the narrative from one of potential decline to a forward-looking exploration of opportunities for sustainable growth and resilience. The scenarios presented guide policymakers and stakeholders in navigating demographic transitions, ensuring that Korea's future is not merely about survival but about thriving in a rapidly changing world—even toward a Unified Korea.

Recommended Citation

Hong, Paul (2024) "Reimaging a Downsized Korea: Anticipating and Preparing for Four Scenarios," KAUPA Letters: Vol. 12 : Iss. 1, Article 8.
DOI: 10.5703/1288284318417
Available at: https://docs.lib.purdue.edu/kaupa/vol12/iss1/8