Korea

The Current Status and Implications of the Local Extinction Reaction Fund in Korea

Dong-Hyun Lee
ABSTRACT To address the crisis of population decline at the local level, the South Korean government is allocating KRW1 trillion (US$769.2 million) annually, starting from 2022. This funding will be provided to support basic and metropolitan local governments that have been designated as ‘...
Country: Korea Topic: Rural development
335
139

Korea’s Agricultral Income Status and Implications

Seong-Hyuk Hwang
ABSTRACT Korea’s agricultural income per farm household in 2022 was KRW9.49 million (US$7,342), the largest decline since statistics were compiled. The low level of agricultural income, which has not exceeded KRW10 million (US$7,740) over the past 30 years, threatens the sustainability of Korean...
Country: Korea Topic: Overview
449

Community Care for Rural Seniors

Namhoon Kim, Inhye Ha
ABSTRACT As the elderly population continues to grow and strains public medical finances, there is a pressing need for innovative solutions to address the impending exhaustion of resources for elderly care. One such solution is the concept of community care, which offers an alternative approach...
Country: Korea Topic: Rural development
194
86

Significance and Challenges of Introducing a Direct Forestry Payment System

Ja-choon Koo
ABSTRACT In October 2022, the forestry direct payment system was implemented for the first time in Korea thanks to the efforts of various stakeholders, including the government, forest owners, and forest industries. The forestry direct payment system aims to promote the management of private...
Country: Korea Topic: Forestry
35
73

Agri-Food Export Promoting Policy in Korea and Current Issues

Joonhyung Joo, Sanghyo Kim
ABSTRACT Korea's food exports are constantly increasing. As the Korean Wave culture spreads around the world, interest in Korea increases, and the excellence of Korean food is more known worldwide, Korea's food exports have increased for more than 20 years since 2000. First, this study...
Country: Korea Topic: Agribusiness
444
131

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