Australian Treasury Representatives Visit the National Assembly Futures Institute
Discussion on Various Policy Issues Related to South Korea’s Low Birth Rates and Aging Population
The National Assembly Futures Institute (President Kim Hyoen Kon) hosted Mr. Andrew Deitz, Minister-Counselor responsible for Korea and Japan at the Australian Embassy in Japan (from the Treasury Department), Ms. Katherine Twomey, First Secretary for Economic Affairs at the Australian Embassy in Korea, and Ms. Beth Rossiter, Second Secretary for Political Affairs at the Australian Embassy in Korea, for a discussion on various policy issues related to South Korea’s low birth rates and aging population. The meeting was attended by researchers from the Institute’s Quality of Life Group, led by Min Bogyeong, and proceeded in a format where the National Assembly Futures Institute addressed inquiries from the Australian Treasury regarding South Korea’s policy issues on low birth rates and aging.
The Australian government representatives inquired about key aspects of South Korea's policies on low birth rates and aging, as well as the monitoring systems in place to evaluate policy implementation outcomes, encompassing the overall strategies for addressing an aging society. They also sought the opinions of researchers at the National Assembly Futures Institute on the primary causes of declining birth rates in South Korea and the reasons for the low effectiveness of policies, despite continued efforts. In addition, they asked about time-series changes in the population structure and results from national surveys on fertility intentions to gain insights into South Korea’s future population projections.
Assistant Research Fellow Min Bogyeong provided detailed responses regarding regional population changes caused by aging and corresponding policy measures. Assistant Research Fellows Ahn Suzie and Lee Chae Jung provided detailed responses, respectively focusing on low birth rate policies and aging-related policies, drawing on relevant studies conducted by the National Assembly Futures Institute. Following discussions on specific policy details, both sides exchanged opinions on the necessity of policy efforts to adapt to overall changes in population structure.
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