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According to a recent report, 31 out of South Korea’s 85 cities have experienced a decline in population over the past 17 years. This trend indicates a concentration of population in Seoul and its surrounding areas.
From 2002 to 2019, the population in 31 cities in South Korea decreased, with half of them experiencing a decline of over 10%. While Seoul is going through a period of stagnant growth, the surrounding cities are witnessing rapid expansion.
Incheon, a satellite city, has seen a remarkable increase of 1 million residents since 1992. Additionally, smaller cities like Ansan and Uijeongbu have experienced a doubling of their population.
However, Busan, the second-largest city in South Korea, has encountered a different situation, with a population decrease of 400,000 during the same period.
A book titled “The Shrinking World” delves into the current phenomenon of population decrease and offers predictions for the world and economy by 2050. The author, an expert in urban planning, focuses on housing supply, economic development, and urban revitalization as key issues.
The author argues that countries with declining birth rates will face difficulties in recovery and predicts a continuation of the current trend of population decrease. South Korea and Japan are highlighted as leaders in this demographic shift.
Despite population decrease, the United States is expected to maintain economic strength due to a relatively high proportion of the population in the 15-30 age group by 2050.
The book challenges the perception that population decrease is an insurmountable problem and advocates for a shift in mindset. It emphasizes the importance of managing the consequences of population decrease and explores the relationship between population decline and housing supply, economic development, and urban revitalization.
The author suggests that the future of our shrinking world depends on our ability to make informed decisions and adapt to the evolving global environment. It calls for a new perspective to address the complexities of population decrease and create a rational and sustainable future.
As we face the challenges of a shrinking world, it becomes clear that we need to reassess our notions of growth and progress. The book encourages us to consider the rationality of small countries and cities as we strive to create a future that aligns with our collective desires and values.
While population decrease presents challenges that need to be addressed, it also provides an opportunity to forge a path that aligns with our collective desires and values. The book highlights the need for a shift in mindset and the ability to make informed decisions to navigate the complexities of a shrinking world.
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