Not enough Koreans
There is a serious problem with the making of babies in South Korea. JoongAng Daily reported today that the birthrate continues to fall. 2004 there were 476.000 babies born, 1970 there were 1.000.000 births. The rate has fallen from an average of 4,53 babies born to women between 15 and 49, to 1,16 last year.
The reasons behind the figures are well known, even if the government doesn't always say so: lack of affordable childcare, high costs of education and the need for both parents to work to make ends meet. The same story as in Italy, one of the European countries with the same problem.
In an unrelated piece of news, JoongAng Daily reported that Korea has penetrated the market for treatment of erectile dysfunction. A new drug called Zydena got Korean FDA approval yesterday, and will compete with Viagra globally. Next month Zydena will be on sale in Korea, where 2 million men have the problem, according to the government.
JoongAng Daily article here.
The reasons behind the figures are well known, even if the government doesn't always say so: lack of affordable childcare, high costs of education and the need for both parents to work to make ends meet. The same story as in Italy, one of the European countries with the same problem.
In an unrelated piece of news, JoongAng Daily reported that Korea has penetrated the market for treatment of erectile dysfunction. A new drug called Zydena got Korean FDA approval yesterday, and will compete with Viagra globally. Next month Zydena will be on sale in Korea, where 2 million men have the problem, according to the government.
JoongAng Daily article here.
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