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The Star
4 hours ago
- Business
- The Star
South Korea sees record birth rate growth for Jan-May
The birthrate surge follows South Korea's first annual increase in the number of births in more than a decade, driven by a rise in marriages. - AFP SEOUL: South Korea registered record birth rate growth during the first five months of the year, a statistics agency official told AFP on Wednesday (July 23). The country has one of the world's longest life expectancies and lowest birth rates -- a combination that presents a looming demographic challenge. Seoul has poured billions of dollars into efforts to encourage women to have more children and maintain population stability. "The number of newborns for the January-May period stood at 106,048, a 6.9 per cent increase, the highest growth rate since such data collection began in 1981," said Kang hyun-young from Statistics Korea. The surge follows South Korea's first annual increase in the number of births in more than a decade, driven by a rise in marriages. In 2024, the number of newborns rose by 8,300, or 3.6 per cent, to 238,300 from the previous year. April in particular saw a spike, with year-on-year growth reaching 8.7 per cent and the number of births totalling 20,717 that month. The latest figure marks a sharp turnaround from early 2024, when the number of births for the January-May period dropped by 2.7 per cent from the previous year. The fertility rate, or the average number of babies a woman is expected to have in her lifetime, for May stood at 0.75. The country needs a fertility rate of 2.1 children in order to maintain the country's population of 51 million. At current rates, the population will nearly halve to 26.8 million by 2100, according to the Institute for Health Metrics and Evaluation at the University of Washington in Seattle. The increase is attributable "to a rise in the number of women in their early 30s, leading to an overall increase in marriages", Kang told AFP. "In South Korea, there is a strong correlation between marriage and childbirth, which has driven the increase in births during the first five months," she added. In 2024, the country saw a 14.8 per cent on-year increase in the number of marriages, with more than 220,000 couples tying the knot. Many government benefits designed to support child-rearing do not cover parents who are not legally married. Analysts say there are multiple reasons for the low birth rate, from high child-rearing costs and property prices to a notoriously competitive society that makes well-paid jobs difficult to secure. The double burden for working mothers of managing the brunt of household chores and childcare while also maintaining their careers is another key factor, they say. In a bid to reverse the trend, the South Korean government offers cash subsidies, babysitting services, and support for infertility treatment. Neighbouring Japan is grappling with the same issue -- it has the world's second-oldest population after Monaco, and the country's relatively strict immigration rules mean it faces growing labour shortages. - AFP
Japan Today
6 hours ago
- Health
- Japan Today
South Korea sees record birth rate growth for Jan-May
South Korea has one of the world's longest life expectancies and lowest birth rates By Kang Jin-kyu South Korea registered record birth rate growth during the first five months of the year, a statistics agency official told AFP on Wednesday. The country has one of the world's longest life expectancies and lowest birth rates -- a combination that presents a looming demographic challenge. Seoul has poured billions of dollars into efforts to encourage women to have more children and maintain population stability. "The number of newborns for the January–May period stood at 106,048, a 6.9 percent increase, the highest growth rate since such data collection began in 1981," said Kang hyun-young from Statistics Korea. The surge follows South Korea's first annual increase in the number of births in more than a decade, driven by a rise in marriages. In 2024, the number of newborns rose by 8,300, or 3.6 percent, to 238,300 from the previous year. April in particular saw a spike, with year-on-year growth reaching 8.7 percent and the number of births totalling 20,717 that month. The latest figure marks a sharp turnaround from early 2024, when the number of births for the January–May period dropped by 2.7 percent from the previous year. The fertility rate, or the average number of babies a woman is expected to have in her lifetime, for May stood at 0.75. The country needs a fertility rate of 2.1 children in order to maintain the country's population of 51 million. At current rates, the population will nearly halve to 26.8 million by 2100, according to the Institute for Health Metrics and Evaluation at the University of Washington in Seattle. Marriage correlation - The increase is attributable "to a rise in the number of women in their early 30s, leading to an overall increase in marriages", Kang told AFP. "In South Korea, there is a strong correlation between marriage and childbirth, which has driven the increase in births during the first five months," she added. In 2024, the country saw a 14.8 percent on-year increase in the number of marriages, with more than 220,000 couples tying the knot. Many government benefits designed to support child-rearing do not cover parents who are not legally married. Analysts say there are multiple reasons for the low birth rate, from high child-rearing costs and property prices to a notoriously competitive society that makes well-paid jobs difficult to secure. The double burden for working mothers of managing the brunt of household chores and childcare while also maintaining their careers is another key factor, they say. In a bid to reverse the trend, the South Korean government offers cash subsidies, babysitting services, and support for infertility treatment. Neighbouring Japan is grappling with the same issue -- it has the world's second-oldest population after Monaco, and the country's relatively strict immigration rules mean it faces growing labour shortages. © 2025 AFP
Int'l Business Times
7 hours ago
- Business
- Int'l Business Times
South Korea Sees Record Birth Rate Growth For Jan-May
South Korea registered record birth rate growth during the first five months of the year, a statistics agency official told AFP on Wednesday. The country has one of the world's longest life expectancies and lowest birth rates -- a combination that presents a looming demographic challenge. Seoul has poured billions of dollars into efforts to encourage women to have more children and maintain population stability. "The number of newborns for the January-May period stood at 106,048, a 6.9 percent increase, the highest growth rate since such data collection began in 1981," said Kang hyun-young from Statistics Korea. The surge follows South Korea's first annual increase in the number of births in more than a decade, driven by a rise in marriages. In 2024, the number of newborns rose by 8,300, or 3.6 percent, to 238,300 from the previous year. April in particular saw a spike, with year-on-year growth reaching 8.7 percent and the number of births totalling 20,717 that month. The latest figure marks a sharp turnaround from early 2024, when the number of births for the January-May period dropped by 2.7 percent from the previous year. The fertility rate, or the average number of babies a woman is expected to have in her lifetime, for May stood at 0.75. The country needs a fertility rate of 2.1 children in order to maintain the country's population of 51 million. At current rates, the population will nearly halve to 26.8 million by 2100, according to the Institute for Health Metrics and Evaluation at the University of Washington in Seattle. The increase is attributable "to a rise in the number of women in their early 30s, leading to an overall increase in marriages", Kang told AFP. "In South Korea, there is a strong correlation between marriage and childbirth, which has driven the increase in births during the first five months," she added. In 2024, the country saw a 14.8 percent on-year increase in the number of marriages, with more than 220,000 couples tying the knot. Many government benefits designed to support child-rearing do not cover parents who are not legally married. Analysts say there are multiple reasons for the low birth rate, from high child-rearing costs and property prices to a notoriously competitive society that makes well-paid jobs difficult to secure. The double burden for working mothers of managing the brunt of household chores and childcare while also maintaining their careers is another key factor, they say. In a bid to reverse the trend, the South Korean government offers cash subsidies, babysitting services, and support for infertility treatment. Neighbouring Japan is grappling with the same issue -- it has the world's second-oldest population after Monaco, and the country's relatively strict immigration rules mean it faces growing labour shortages.
Irish Examiner
2 days ago
- Health
- Irish Examiner
Superbugs could kill millions more and cost $2tn a year by 2050, study shows
Superbugs could cause millions more people to die worldwide and cost the global economy just under $2tn a year by 2050, modelling shows. A British government-funded study shows that without concerted action, increased rates of antimicrobial resistance (AMR) could lead to global annual GDP losses of $1.7tn over the next quarter of a century. The research, by the Center for Global Development thinktank, found the US, British and EU economies would be among the hardest hit, prompting accusations that recent swingeing aid cuts are self-defeating. The Trump administration has confirmed $9bn in cuts to its foreign aid budget, while a number of European countries have also reduced spending on overseas aid. Anthony McDonnell, the lead author of the research and a policy fellow at the Center for Global Development, said: 'When we conducted our research on the economic impacts of antimicrobial resistance, it was anticipated that resistance rates would continue to follow historical trends. 'However, the sudden cuts to Official Development Assistance by the US, which has cut its aid spend by roughly 80%; the UK, which has announced aid cuts from 0.5% to 0.3% of gross national income; and substantial reductions by France, Germany, and others, could drive up resistance rates in line with the most pessimistic scenario in our research. 'Even countries that have been successful in keeping AMR rates under control cannot afford to be complacent. Unless AMR programmes are protected from aid cuts, resistance rates across the world will likely increase at a rate in line with the worst-affected countries. This would result in millions more people dying worldwide, including across G7 nations. Investing in treatment for bacterial infections now will save lives and deliver billions in long-term economic returns. The research calculated the economic and health burden of antibiotic resistance for 122 countries and forecast that in this most pessimistic scenario, by 2050, GDP losses in China could reach just under $722bn a year, the US $295.7bn, the EU $187bn, Japan $65.7bn and Britain $58.6bn. According to the Institute for Health Metrics and Evaluation (IHME), deaths from AMR are expected to increase 60% by 2050, with 1.34 million people in the US and 184,000 in Britain alone predicted to die each year from antibiotic-resistant bugs, while numbers of those becoming seriously ill from drug-resistant bacteria are also expected to jump. Superbugs increase the number of hospital admissions and lead to longer and more intensive hospital stays, costlier second-line treatments and more complex care, meaning resistant infections are roughly twice as expensive to treat as those for which antibiotics are effective. The study estimates global health costs of treating AMR could increase by just under $176bn a year. Higher rates of resistant bugs would also shrink the British, EU and US workforces by 0.8%, 0.6% and 0.4% respectively, the study found. The Guardian
Time of India
2 days ago
- Health
- Time of India
Antimicrobial resistant superbugs could kill millions, cost $2 trillion yearly by 2050: Report
Representative AI-generated image Antimicrobial-resistant superbugs could lead to substantial global mortality and economic losses of approximately $2tn annually by 2050, according to a study, quoted by the Guardian. Analysis from a UK government-sponsored research reveals that rising antimicrobial resistance (AMR) could result in yearly global GDP losses of $1.7 trillion over the next 25 years without decisive intervention. The Center for Global Development's research indicates severe economic impact on the US, UK and EU economies. Recent reductions in aid funding appear counterproductive, particularly as the UK government has eliminated Fleming fund support for AMR prevention in developing nations. Similarly, the US has confirmed $9 billion in foreign aid reductions, with European nations following suit. Anthony McDonnell, who led the research at the Center for Global Development, explained that initial projections were based on historical resistance trends. He noted that significant aid reductions by the US (80%), UK (from 0.5% to 0.3% of GNI), France, and Germany could accelerate resistance rates to worst-case scenarios. He emphasised that no country, regardless of their AMR control success, should be complacent. Without protecting AMR programmes from funding cuts, global resistance rates could escalate to match severely affected nations, resulting in increased mortality worldwide and substantial economic consequences. The study, covering 122 countries, projects annual GDP losses by 2050 could reach $722 billion in China, $295.7 billion in the US, $187 billion in the EU, $65.7 billion in Japan, and $58.6 billion in the UK under pessimistic scenarios. The Institute for Health Metrics and Evaluation forecasts a 60% increase in AMR-related deaths by 2050, with annual mortality reaching 1.34 million in the US and 184,000 in the UK. Drug-resistant infections are expected to rise significantly. Antibiotic-resistant infections double treatment costs due to increased hospitalisations, extended stays, expensive alternative treatments, and complex care requirements. The research estimates global AMR treatment costs could rise by $176bn annually, with UK costs increasing from $900m to $3.7bn and US costs from $15.5bn to $57bn. The study indicates workforce reductions of 0.8% in the UK, 0.6% in the EU, and 0.4% in the US due to resistant infections. However, increased investment in addressing superbugs could boost annual economic growth by $156.2bn in the US and $12bn in the UK by 2050. Dr Mohsen Naghavi from IHME warned that without immediate action, current medicines might become ineffective, potentially making simple infections lethal, according to The Guardian. This requires governmental policy changes, new drug development, and public education about antibiotics' ineffectiveness against viruses. A UK government representative highlighted their 10-year health strategy addressing AMR, citing progress in reducing antibiotic use in meat production and developing new treatment incentives whilst maintaining international cooperation.
