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The reasons are not as simple as they seem to be" aria-label="whatsapp" title="whatsapp"></a><a class="asSprite email" href="javascript:void(0)" onclick="emailSend.init(115831629);" title="Email this article"></a></div></div><div class="fontSize"><span class="asSprite f_icon"></span><span>Font Size</span><div class="dropdown"><div class="font_item item asSprite_a" data-ga-onclick="UB - Font Change#Font Change - Small#url"><span class="font_label label small">Abc</span><span>Small</span></div><div class="font_item item asSprite_a active" data-ga-onclick="UB - Font Change#Font Change - Medium#url"><span class="font_label label medium">Abc</span><span>Medium</span></div><div class="font_item item asSprite_a" data-ga-onclick="UB - Font Change#Font Change - Large#url"><span class="font_label label large">Abc</span><span>Large</span></div></div></div><div class="bookMarks"><span data-msid="115831629" data-arttype="0" title="Bookmark this article" class="asSprite bookmark-icon s_act"></span><span>Save</span></div><div class="artPrint" data-ga-onclick="UB - Print Article Clicks#Print Article Clicks - 115831629#"><a target="_blank" href="/news/international/world-news/south-korea-may-become-the-first-country-to-disappear-from-the-face-of-earth-the-reasons-are-not-as-simple-as-they-seem-to-be/printarticle/115831629.cms"><span title="Print this article" class="asSprite print_icon"></span><span>Print</span></a></div><div class="comments open_cmnt" data-ga-onclick="UB - Comment Clicks#Clicks Comment - 115831629#ATF"><span class="asSprite c_icon"></span><span class="cmnt_count hidden"></span><span>Comment</span></div></div></div></div><div class="edition clearfix"><div class="pageContent flt"><div style="position:absolute; height:250px; width:300px; top:12px; right:1%" id="primuser_ad_absolute"><div data-loc="All" data-user="subscribed" data-size="[[300,250]]" data-adsSlot="ET_Prime/ET_Prime_AS/ET_Prime_AS_ATF_Mid_Banner" id="primead_115831629" class="primeuser_asmidad"></div></div><div class="artSyn bgPink"><div class="bold">Synopsis</div><h2 class="summary">South Korea is grappling with a severe fertility crisis as birth rates plummet. The situation is exacerbated by socio-economic pressures and gender inequality. Despite government initiatives, many women prioritize careers over families. Immigration and marriage migration offer partial solutions. Addressing gender imbalances is critical to reversing the population decline and ensuring a stable future.</h2></div><article competitionClients="" currency_ad="1" data-apw="1" class="artData clr paywall"><div class="imgBox"><figure class="artImg"><img height="225" width="300" alt="South Korea's central bank cuts key interest rate to nurse a slower economy" src="https://img.etimg.com/thumb/msid-115832456,width-300,height-225,imgsize-247550,resizemode-75/south-koreas-central-bank-cuts-key-interest-rate-to-nurse-a-slower-economy.jpg"><span class="imgAgency">AP</span><figcaption class="figCap">People walk on the shopping street in Seoul, South Korea, Thursday, Nov. 28, 2024.</figcaption></figure></div><div data-brCount="70" class="artText">Imagine a world where schools have hostels that promote the idea of students living together-despite what their gender is. In most cases then, it would be ideal to think that you'll be surrounded by many couples, perhaps similar to the storyline of a romantic comedy movie. <br><br><style> #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} </style>Oh wait, here's another idea: What if girls get to start school a year earlier than boys, and then, when the time is right, these girls and boys will grow together to form an unbreakable bond--that might even turn into a life long commitment. <br><div data-mid-newpos-mgid="mgid_115831629" id="div-mgid-mid-newpos-115831629"></div><br>Not too far-fetched, right? Or a little too bizarre for one's imagination. Well, when you live in a country that is fighting to save its rapidly shrinking population, nothing seems impossible, because survival is all that matters. <br><div style="margin-bottom:45px;" class="adBox custom_ad nonm taboola" data-taboola="taboola_115831629"><div class="colombia colombiaAd" data-section="0" data-position="115831629" data-slot="532740" col="2" data-msg="ctnCallbackHandler" id="div-clmb-ctn-208630-115831629-70"></div><div id="v-economictimes-indiatimes-v3"></div><div data-placement="Mid Article Thumbnails" data-target_type="mix" data-mode="thumbnails-mid" style="min-height:400px; margin-bottom:12px;" class="wdt-taboola" id="taboola-mid-article-thumbnails-115831629"></div></div><br>South Korea, once a thriving example of rapid economic growth and modernisation, is now grappling with an unprecedented fertility crisis.<br><br>The country's birth rate has plummeted to levels so low that, if trends continue, South Korea's population could shrink to a third of its current size by the end of the century. <br><div data-ga-impression="GrowFast_Web#Impression#url" class="growfast_widget custom_ad"><a data-ga-onclick="GrowFast_Web#Click#url" target="_blank" title="Growfast Logo" href="https://growfast.indiatimes.com/?ag=ET_Web"><img src="https://img.etimg.com/thumb/width-513,height-50,msid-115075348/growfast.jpg" alt="Growfast" height="40" width="410" loading="lazy"></a><div class="growfast_slider"><ul class="sliderContainer"><li><a data-ga-onclick="GrowFast_Web#Click#AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills" title="AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills" href="https://growfast.indiatimes.com/courses/ai-powered-python-mastery-with-tabnine-boost-your-coding-skills/1457?ag=ET_Web"><div class="images_wrap"><img class="cover_img" src="https://img.etb2bimg.com/files/retail_files/1457_cover_image_1729488900_68758.jpg" loading="lazy" height="80" width="300" alt="AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills"><img class="author_img" loading="lazy" height="56" width="56" alt="" src="https://img.etb2bimg.com/files/retail_files/expert_picture_1723545629_1723545629_26628.jpg"></div><div class="details"><p class="category">Artificial Intelligence(AI)</p><p class="course_name">AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills</p><p class="author_name">By - 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Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience</p><button class="view">View Program <span></span></button></div></a></li></ul></div><div class="nextprev-btn"><span class="arrow_btn prev-btn cSprite disable"></span><span class="arrow_btn next-btn cSprite"></span></div><div class="ts-dots"><ul class="sliderContainer"></ul></div></div><br><div data-mid-vdoai="vdoai_115831629" id="div-vdoai-mid-115831629"></div>However, the story behind this alarming decline is far more complex, involving not just socio-economic pressures but also deep-rooted gender tensions that have been simmering for years.<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_InternationalBusiness/ET_ROS_MID_NWS_IBZ_AS_300" data-loc="100" id="div-gpt-ad-858478126-115831629" class="country_specAD"></div><h2>How it all begun</h2>South Korea’s fertility decline began as part of an intentional family planning policy. In the 1960s, the government, concerned about population growth outstripping economic development, instituted measures to reduce birth rates. <br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_InternationalBusiness/ET_ROS_MID1_NWS_IBZ_AS_300" data-loc="2" id="div-gpt-ad-858478132-115831629" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_InternationalBusiness/ET_ROS_MID1_NWS_IBZ_AS_300" data-loc="5" id="div-gpt-ad-858478132-115831629" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_InternationalBusiness/ET_ROS_MID1_NWS_IBZ_AS_300" data-loc="3" id="div-gpt-ad-858478132-115831629" class="country_specAD2nd"></div>At the time, South Korea’s per capita income was just 20% of the global average, and fertility stood at a staggering 6 children per woman. By 1982, as the economy boomed, the fertility rate had fallen to 2.4 — still above the replacement level of 2.1 but heading in the right direction.<br><br>By 1983, the fertility rate had dropped to replacement level, and since then, it has been on a rapid decline. What was once a carefully controlled drop has become a crisis, with projections showing South Korea’s population shrinking from 52 million to a mere 17 million by the century’s end. <br><br>In the worst-case scenario, some estimates predict the country could lose up to 70% of its population, leaving just 14 million people behind — a situation that could destabilize the economy and create unprecedented societal challenges.<br><br> <div data-align="" data-msid="115832859" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Korean fertility rate" alt="Korean fertility rate" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832859" data-original="https://img.etimg.com/photo/msid-115832859/korean-fertility-rate.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br> <div data-align="" data-msid="115833019" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Shrinking population countries" alt="Shrinking population countries" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115833019" data-original="https://img.etimg.com/photo/msid-115833019/shrinking-population-countries.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br><h2>What South Korean women want</h2>Despite efforts to reverse the fertility decline, including financial incentives and government initiatives, the numbers just aren’t adding up. <br><br>South Korea has implemented policies to encourage higher birth rates, such as recruiting foreign domestic workers for childcare, offering tax benefits, and even proposing to exempt men from mandatory military service if they have three or more children by the age of 30. But so far, these measures have had little effect.<br><br>The root cause of the problem lies in the country’s social and cultural landscape. Many women, especially in urban areas, prioritise careers over starting families, with over half of respondents in a 2023 government survey citing the "burden of parenting" as the biggest obstacle to female employment. <br><br>The rise of dual-income households and greater access to education has empowered women to delay or forgo marriage and childbirth altogether.<br><br>Moreover, marriage itself is no longer seen as essential to having children. Over the past decade, the percentage of people who accept having children outside of marriage has risen from 22% to 35%, although only 2.5% of children are born outside wedlock in South Korea.<br><br>For those who do marry, women are demanding more equality in household responsibilities. A stark gender gap persists, with 92% of women doing household chores on weekdays compared to just 61% of men. <br><br>This disparity has led to widespread disillusionment with traditional marriage roles. In fact, a 2024 survey revealed that one-third of women in South Korea do not want to marry, with a staggering 93% citing the burdens of housework and child-rearing as the main reasons.<br><br> <div data-align="" data-msid="115832878" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Korean marriage rate" alt="Korean marriage rate" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832878" data-original="https://img.etimg.com/photo/msid-115832878/korean-marriage-rate.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br><h2>A battle for equality</h2>The gender divide in South Korea is perhaps one of the most significant factors contributing to the fertility crisis. While women are increasingly seeking equal partnerships, the country’s political climate has seen a rise in anti-feminist sentiment, particularly among younger men. <br><br>South Korean President Yoon Suk-yeol, who won the 2022 election by appealing to disillusioned male voters, has called for the abolition of gender quotas and even suggested that feminism is the root cause of deteriorating relations between men and women. <br><br>This has sparked a fierce political and cultural battle, with the president’s stance on gender equality drawing criticism from women’s rights activists and further polarizing the population.<br><br>South Korea ranks among the lowest in the OECD on gender equality, sitting at 94th globally. The country lags behind in key areas like economic participation (112th), education (100th), political empowerment (72nd), and health (47th). <br><br>This gender imbalance has fuelled frustration on both sides, with women demanding more equal opportunities and men expressing resentment toward policies they perceive as favouring women.<br><br> <div data-align="" data-msid="115832901" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Women marrying non-Korean men" alt="Women marrying non-Korean men" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832901" data-original="https://img.etimg.com/photo/msid-115832901/women-marrying-non-korean-men.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br><h2>'Embracing' migrant women</h2>In many developed countries, immigration has been a key factor in mitigating the effects of a <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#News#href" href="/topic/declining-birth-rate" target="_blank">declining birth rate</a>. However, South Korea has seen little success in attracting immigrants. <br><br>While countries in Western Europe have benefitted from higher net migration rates, South Korea has one of the lowest rates in East Asia, with foreign-born workers making up less than 4% of the labor force. <br><br>This is a stark contrast to Western countries, where immigration has helped stabilize population levels despite low birth rates.<br><br>One area where immigration is having an impact is in the realm of "marriage migration." As South Korean men, particularly in rural areas, face a shrinking pool of potential brides, they have increasingly turned to foreign women, particularly from countries like Vietnam.<br><br> <div data-align="" data-msid="115832959" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Below replacement level" alt="Below replacement level" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832959" data-original="https://img.etimg.com/photo/msid-115832959/below-replacement-level.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br> <div data-align="" data-msid="115832972" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Fewer kids" alt="Fewer kids" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832972" data-original="https://img.etimg.com/photo/msid-115832972/fewer-kids.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br> <div data-align="" data-msid="115832998" data-type="image" class="midImg clearfix"><figure class="imgBg"><img title="Much later" alt="Much later" src="https://img.etimg.com/photo/msid-42031747/et-logo.jpg" class="lazy gwt-Image" data-msid="115832998" data-original="https://img.etimg.com/photo/msid-115832998/much-later.jpg"></figure><div><div class="imgActions flr"><span class="asSprite imgZoom zoomIcon"></span></div></div></div><br>Since 2000, marriages between South Korean men and foreign women have surged by 70%. While many of these marriages are presented as solutions to the gender imbalance, they also highlight deeper cultural and societal issues.<br><br>Research shows that migrant women in these marriages face distinct challenges. In their first year of marriage, only 20% of foreign-born wives are employed, compared to 50% of native-born women. <br><br>Additionally, women in these marriages tend to earn $500 less than their Korean counterparts. In many households, particularly those with non-Korean wives, the husband retains control over finances, with 33% of such marriages reporting that the husband decides how money will be spent, compared to just 7% in Korean-Korean marriages.<br><br>South Korea’s fertility crisis is not just a demographic challenge; it is a reflection of the country’s deep-seated gender inequalities and cultural conflicts. As the population continues to age and shrink, the country faces the daunting task of addressing these issues while navigating the complexities of family, work, and gender roles. <br><br>Until South Korea can bridge the widening divide between men and women, and create a society where both genders can thrive equally, its fertility crisis may continue to worsen, leaving a shrinking and aging population to contend with the future.<br><br><em><strong>(With inputs from ToI)</strong></em><br><style> #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} </style><div class="inSideInd"><br><br><em>(You can now subscribe to our <a rel="nofollow" href="https://whatsapp.com/channel/0029Va54SU83rZZYg2XcdM0K" target="_blank" data-ga-onclick="WhtsApChnl#Click_Web#News">Economic Times WhatsApp channel</a>)<br></em></div></div><div class="clr"></div><div class="clr"></div><div class="rating_block hide ftr custom_ad"></div><div class="inSideInd"><div class="clearfix relTopics raltedTopics" data-ga-action="Widget Read More News"><h4 class="uc">Read More News on</h4><div><a data-track="ReadMore1" data-ga-onclick="1 - 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The reasons are not as simpl", "description": "South Korea is grappling with a severe fertility crisis as birth rates plummet. The situation is exacerbated by socio-economic pressures and gender inequality. Despite government initiatives, many women prioritize careers over families. Immigration and marriage migration offer partial solutions. Addressing gender imbalances is critical to reversing the population decline and ensuring a stable future.", "datePublished": "2024-11-30T12:08:00+05:30", "dateModified": "2024-11-30T12:52:00+05:30", "url":"https://economictimes.indiatimes.com/news/international/world-news/south-korea-may-become-the-first-country-to-disappear-from-the-face-of-earth-the-reasons-are-not-as-simple-as-they-seem-to-be/articleshow/115831629.cms", "mainEntityOfPage":"https://economictimes.indiatimes.com/news/international/world-news/south-korea-may-become-the-first-country-to-disappear-from-the-face-of-earth-the-reasons-are-not-as-simple-as-they-seem-to-be/articleshow/115831629.cms", "articleSection" : "News", "articleBody":"Imagine a world where schools have hostels that promote the idea of students living together-despite what their gender is. In most cases then, it would be ideal to think that you'll be surrounded by many couples, perhaps similar to the storyline of a romantic comedy movie. Oh wait, here's another idea: What if girls get to start school a year earlier than boys, and then, when the time is right, these girls and boys will grow together to form an unbreakable bond--that might even turn into a life long commitment. Not too far-fetched, right? Or a little too bizarre for one's imagination. Well, when you live in a country that is fighting to save its rapidly shrinking population, nothing seems impossible, because survival is all that matters. South Korea, once a thriving example of rapid economic growth and modernisation, is now grappling with an unprecedented fertility crisis.The country's birth rate has plummeted to levels so low that, if trends continue, South Korea's population could shrink to a third of its current size by the end of the century. However, the story behind this alarming decline is far more complex, involving not just socio-economic pressures but also deep-rooted gender tensions that have been simmering for years.How it all begunSouth Korea’s fertility decline began as part of an intentional family planning policy. In the 1960s, the government, concerned about population growth outstripping economic development, instituted measures to reduce birth rates. At the time, South Korea’s per capita income was just 20% of the global average, and fertility stood at a staggering 6 children per woman. By 1982, as the economy boomed, the fertility rate had fallen to 2.4 — still above the replacement level of 2.1 but heading in the right direction.By 1983, the fertility rate had dropped to replacement level, and since then, it has been on a rapid decline. What was once a carefully controlled drop has become a crisis, with projections showing South Korea’s population shrinking from 52 million to a mere 17 million by the century’s end. In the worst-case scenario, some estimates predict the country could lose up to 70% of its population, leaving just 14 million people behind — a situation that could destabilize the economy and create unprecedented societal challenges. 115832859 115833019What South Korean women wantDespite efforts to reverse the fertility decline, including financial incentives and government initiatives, the numbers just aren’t adding up. South Korea has implemented policies to encourage higher birth rates, such as recruiting foreign domestic workers for childcare, offering tax benefits, and even proposing to exempt men from mandatory military service if they have three or more children by the age of 30. But so far, these measures have had little effect.The root cause of the problem lies in the country’s social and cultural landscape. Many women, especially in urban areas, prioritise careers over starting families, with over half of respondents in a 2023 government survey citing the burden of parenting as the biggest obstacle to female employment. The rise of dual-income households and greater access to education has empowered women to delay or forgo marriage and childbirth altogether.Moreover, marriage itself is no longer seen as essential to having children. Over the past decade, the percentage of people who accept having children outside of marriage has risen from 22% to 35%, although only 2.5% of children are born outside wedlock in South Korea.For those who do marry, women are demanding more equality in household responsibilities. A stark gender gap persists, with 92% of women doing household chores on weekdays compared to just 61% of men. This disparity has led to widespread disillusionment with traditional marriage roles. In fact, a 2024 survey revealed that one-third of women in South Korea do not want to marry, with a staggering 93% citing the burdens of housework and child-rearing as the main reasons. 115832878A battle for equalityThe gender divide in South Korea is perhaps one of the most significant factors contributing to the fertility crisis. While women are increasingly seeking equal partnerships, the country’s political climate has seen a rise in anti-feminist sentiment, particularly among younger men. South Korean President Yoon Suk-yeol, who won the 2022 election by appealing to disillusioned male voters, has called for the abolition of gender quotas and even suggested that feminism is the root cause of deteriorating relations between men and women. This has sparked a fierce political and cultural battle, with the president’s stance on gender equality drawing criticism from women’s rights activists and further polarizing the population.South Korea ranks among the lowest in the OECD on gender equality, sitting at 94th globally. The country lags behind in key areas like economic participation (112th), education (100th), political empowerment (72nd), and health (47th). This gender imbalance has fuelled frustration on both sides, with women demanding more equal opportunities and men expressing resentment toward policies they perceive as favouring women. 115832901'Embracing' migrant womenIn many developed countries, immigration has been a key factor in mitigating the effects of a declining birth rate. However, South Korea has seen little success in attracting immigrants. While countries in Western Europe have benefitted from higher net migration rates, South Korea has one of the lowest rates in East Asia, with foreign-born workers making up less than 4% of the labor force. This is a stark contrast to Western countries, where immigration has helped stabilize population levels despite low birth rates.One area where immigration is having an impact is in the realm of marriage migration. As South Korean men, particularly in rural areas, face a shrinking pool of potential brides, they have increasingly turned to foreign women, particularly from countries like Vietnam. 115832959 115832972 115832998Since 2000, marriages between South Korean men and foreign women have surged by 70%. While many of these marriages are presented as solutions to the gender imbalance, they also highlight deeper cultural and societal issues.Research shows that migrant women in these marriages face distinct challenges. In their first year of marriage, only 20% of foreign-born wives are employed, compared to 50% of native-born women. Additionally, women in these marriages tend to earn $500 less than their Korean counterparts. In many households, particularly those with non-Korean wives, the husband retains control over finances, with 33% of such marriages reporting that the husband decides how money will be spent, compared to just 7% in Korean-Korean marriages.South Korea’s fertility crisis is not just a demographic challenge; it is a reflection of the country’s deep-seated gender inequalities and cultural conflicts. As the population continues to age and shrink, the country faces the daunting task of addressing these issues while navigating the complexities of family, work, and gender roles. Until South Korea can bridge the widening divide between men and women, and create a society where both genders can thrive equally, its fertility crisis may continue to worsen, leaving a shrinking and aging population to contend with the future.(With inputs from ToI)", "image": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-115832456,resizemode-4,width-1200,height-900,imgsize-247550,overlay-economictimes/articleshow.jpg", "width": 1200, "height": 900 }, "author": { "@type": "Thing", "name": "ET Online" }, "publisher": { "@type": "NewsMediaOrganization", "name": "Economic Times", "logo": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-76939477,width-600,height-60,quality-100/economictimes.jpg", "width": 600, "height": 60 } } , "isAccessibleForFree" : "https://schema.org/False", "hasPart": { "@type": "WebPageElement", "isAccessibleForFree": "https://schema.org/False", "cssSelector" : ".paywall" }, "isPartOf": { "@type": ["CreativeWork", "Product"], "name" : "Economic Times", "productID": "prime.economictimes.indiatimes.com:prime" } }</script><script type="application/ld+json"> { "@context": "https://schema.org/", "@type" : "WebPage", "name" : "South Korea may become the first country to disappear from the face of Earth. 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} .campign_sec{margin:33px -33px -33px} </style><div data-ga-category="Subscription Flow" data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="brd_wrap generic_blocker_new_v2 hidden" style="border: 10px solid #FFE9E2"><div class="paywall_login hidden">Already a Member? <span class="sign-in_btn">Sign In now</span></div><h3 class="paywall_msg"></h3><h3 class="bp_subheading">Unlock this story and enjoy all members-only benefits.</h3><button data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Articleshow box CTA wBenefit" class="subscribe_btn">Subscribe Now</button><div class="campign_sec skip_inswg" style="background-color: #FFF0EC"><img class="lazy thumb_lft"><img class="lazy thumb_rgt"><div data-set="0" class="dyn_pricing_item hidden" data-minrange="0" data-maxrange="0.499999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Save up to Rs. 700/-</p><p class="desc">ON ET PRIME MEMBERSHIP</p><a class="plans_btn">Avail Offer</a></div><div data-set="1" class="dyn_pricing_item hidden" data-minrange="0.5" data-maxrange="0.59999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="2" class="dyn_pricing_item hidden" data-minrange="0.6" data-maxrange="0.69999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="3" class="dyn_pricing_item hidden" data-minrange="0.7" data-maxrange="0.79999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get Flat 40% Off</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="4" class="dyn_pricing_item hidden" data-minrange="0.8" data-maxrange="1"><p class="heading">Offer Exclusively For You</p><p class="subheading">ET Prime at ₹ 49 for 1 month</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="5" class="dyn_pricing_item hidden"><p class="heading">Special Offer</p><p class="subheading">Get flat 35% off on ETPrime</p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div data-set="6" class="dyn_pricing_item hidden"><p class="heading"></p><p class="subheading"></p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div class="stu_of"><a class="plans_btn" style="border: 0px; font-size: 18px; font-weight: 400; text-decoration: underline;"></a></div></div></div><style> .ipadapp_blocker {border: 10px solid #FFE9E2; padding: 33px; position: relative;} .ipad_title {font-size: 30px; padding-bottom: 10px; font-weight: 600;} .ipadapp_btn {font-size: 20px; color: #ffffff; font-weight: 500; background-color: #ed193b; display: inline-block; cursor: pointer; padding: 11px 30px; min-width: 150px; min-height: 24px; margin: 20px; text-decoration: none;} .ipadapp_btn:hover {text-decoration: none;} </style><div class="ipadapp_blocker hidden" style="border: 10px solid #FFE9E2"><p class="ipad_title">90 Days Prime access worth Rs999 unlocked for you</p><a class="ipadapp_btn">Claim Now</a><div class="paywall_login">Already a Member? <span class="sign-in_btn">Sign In now</span></div></div></div><script> var isPaywallMoved = 0; // ET-17548 function storyCollectionLoad() { var _processNormal = function () { $('#paidSCWidget').attr('data-onload', '').removeClass('load_done').html(''); 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Market Research. Industry Trends</strong> on 4000+ Stocks<strong></strong><strong></strong></p></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493812,imgsize-12280/clean-experience-with-minimal-ads.jpg"><div class="fl_i_title"><Story>Clean experience with<br><strong>Minimal Ads</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493806,imgsize-24821/comment-engage-with-et-prime-community.jpg"><div class="fl_i_title"><Story><strong>Comment & Engage</strong> with ET Prime community</Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493810,imgsize-19449/exclusive-invites-to-virtual-events-with-industry-leaders.jpg"><div class="fl_i_title"><Story>Exclusive invites to <strong>Virtual Events with Industry Leaders</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493809,imgsize-11126/a-trusted-team-of-journalists-analysts-who-can-best-filter-signal-from-noise.jpg"><div class="fl_i_title"><Story>A trusted team of <strong>Journalists & Analysts </strong>who can best filter signal from noise<br></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-99030928,imgsize-82843/get-1-year-complimentary-subscription-of-toi-worth-rs-799/-.jpg"><div class="fl_i_title"><Story><p>Get <strong>1 Year Complimentary Subscription of TOI+</strong> worth Rs.799/-</p></Story></div></li></ul></div></div></section></div><div class="shadow_exitdlg"><div class="exitdlg_wrapper"><span class="close_btn"></span><p class="heading">Stories you might be interested in</p><ul></ul><div class="footer_nwsltr"><div class="flt"><span class="hdr_label">Subscribe to our</span><span class="subhdr_label">ET Investment Opportunities</span></div><div class="flr"><input placeholder="Enter your email id here" class="input_nwsltr" type="text"><button class="submit_btn" type="button">SUBMIT</button></div></div></div></div><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_ettechpoll/v-5,minify-3.cms" type="text/javascript" defer></script><script> if(window.location.href.indexOf('.com/articleshow/') != -1){ grxEvent('event', {'event_category': 'articleshow', 'event_action': 'url_issue referrer: ' + document.referrer, 'event_label': window.location.href}); } </script></body></html>