Republic of Korea (South Korea)

1
Republic of Korea(South Korea)

• By. Jeoung Yun Kim
• IB1

2

• Total Population
• 48,508,972 (July 2009 est.)
• Population growth rate
• 0.266 (2009 est.)
• Total Fertility Rate
• 1.21 children born/woman (2009 est.)

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Pro-Natalist

• Incentives For Babies
• From 50 million won to 500 million won are given
  by the government per child (about 2500 kroner to
  25000 kroner).
• Basic baby health check up for free
• Up to 1000 million won(about 5000 kroner) given
  to babies born with disabilities.

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Incentives for mom

• For sterile couple, government support 50 of the
  cost for test tube babies.
• 20 million won(1000 kroner) is given to pregnant
  woman.
• Iron pills are free in public health service
  center.
• 90 days of paid maternity leave
• 1 year of caring leave ,50 million won paid by
  the government

5

• Flexi-time and shorter hours introduced for
  working mums.
• Three days of paid paternity leave, a first for
  South Korea.
• Advantages in promotions in state-owned companies
• Maternity leave events
• Maternity lounges
• Birth bonuses

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For families with many children(From 3 children)

• 50 Reduction in car acquisition and registration
  tax.
• Advantages in getting house
• Reduction on electric bills
• Credits in national annuity
• Higher Tax revenue per child.