Windfalls and Woes: South Korea's Chip Boom Funds Future Uncertainty South Korea's latest fiscal plan aims to channel tax windfalls from its booming semiconductor industry into supporting younger generations.
While President Lee Jae Myung is pledging to address low birth rates, housing affordability concerns, and labor market challenges, this move raises more questions than answers.
A Band Aid on Deep Seated Issues The proposed "Future Response Fund" provides support for employment, housing, asset building, marriage, and childbirth.