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Wed, February 12, 2025

Korea's economy, Japan's youth and Ireland


Published on 2025-02-12 15:00:58 - MSN
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  • More Japanese youth are now working at Korean companies, restaurants, and clothing stores. While Japan's economy was once more than three times the size of Korea's in 2000, Korea has now surpassed it.

The article from MSN discusses various economic and social issues affecting different countries. In South Korea, the economy is facing challenges due to a slowing growth rate, an aging population, and geopolitical tensions with North Korea, which together are impacting investor confidence and economic stability. Meanwhile, Japan is dealing with a demographic crisis where the youth are increasingly disengaged from traditional employment, leading to a rise in "hikikomori" or social recluses, and a general reluctance to marry or have children, exacerbating the country's low birth rate. In Ireland, the focus is on the housing crisis, where despite economic recovery, the lack of affordable housing continues to be a significant issue, pushing many young people to emigrate or remain dependent on their families. These snapshots illustrate broader themes of economic disparity, demographic shifts, and social changes across these nations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/korea-s-economy-japan-s-youth-and-ireland/ar-AA1yUipg ]
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