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Korea's demographic crisis, fueled by a plunging birthrate and rapidly-aging population, will wreak havoc on its economy in the coming years, according to global credit ratings agencies.
Korea s demographic crisis, fueled by the plunging birthrate and a rapidly aging population, will wreak havoc on its economy in the coming years, according to global credit ratings agencies. They warn that Asia s fourth-largest economy will face rating downgrades by 2050 unless it averts the ongoing population decline.