Public Welfare Policy for Preparing Aging Society: a Comparative Study Between South Korea and Sweden
- Public Welfare Policy for Preparing Aging Society: a Comparative Study Between South Korea and Sweden
- KIM, Yeon Suk
- Issue Date
- KDI School of public policy and management
- Korea was entering the condition of Aged Society after becoming an aging society in
2000. Now Korea is one of the youngest countries but will be the second oldest one that will
have about 38% of its elders over 65 by 2050 following Japan with 39%, due to rapid
population aging. There have been more abundant discussions about social welfare extension
during the last presidential election. The present administration promised the extension of
welfare services ？ most pledges of President Park were related to universal and free welfare
service including child-care, health-care, and old-age pension. However, the most fundamental problem is that the Korean government does not have sufficient financial
resources to fulfill these pledges.
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