South Korea's low birth rate: Survey blames pressure on young people to compete

South Korea’s population has been declining for years, at one of the fastest rates in the world. It’s a result of a plummeting fertility rate. Women of child-bearing age are having fewer children. Years of financial incentives have failed to encourage couples to have babies. And a recent central bank report suggests the pressure on young people to compete is to blame. Al Jazeera’s Eunice Kim reports from Seoul, South Korea. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #SouthKorea #Seoul #SouthKoreaFertilityRate #SouthKoreaBirthRate #SouthKoreaPopulation #SouthKoreaEconomy