Benefits How much is a baby worth? A pressing question in South Korea iStock.com/paulaphoto Image Chantelle Cloete Reporter Wednesday 21 February 2024 The South Korean government, faced with a declining birth rate and an ageing population, has launched several initiatives to encourage a new baby boom. Get AccessContinue reading International Employment LawyerAlready have access? Login now Email Enter your email address. Password Enter the password that accompanies your email address. Reset your passwordLog in Need access? Find out how to enjoy unlimited accessGet access You might also like... Retirement Japan pushes businesses to postpone mandatory retirement ages amid declining workforce Discrimination Singapore raises retirement age to tackle ageing workforce D&I China increases maternity leave to address birth-rate decline Benefits China steps up efforts to address declining birth-rate with new workplace guidelines