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The Republic of Korea has been lauded as an example of a booming capitalist economy since the end of the Korean War. One of the “Asian Tigers” economically, the nation has excelled in automotive and electronics production, increasing GDP and the standard of living since the devastation of the war. Currently, however, low birth rates threaten the long-term economic prospects of the nation and bring up policy solutions that may clash with traditional Korean culture. This lesson explores how the current low birth rate and gender inequality in the workforce threaten the Republic of Korea’s long-term economic prospects. The lesson also requires students to evaluate possible solutions to these problems.

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