Republic of Korea(South Korea)

By. Jeoung Yun KimIB1

• Total Population:

48,508,972 (July 2009 est.)48,508,972 (July 2009 est.)

• Population growth rate:

0.266% (2009 est.)0.266% (2009 est.)

• Total Fertility Rate

1.21 children born/woman (2009 1.21 children born/woman (2009 est.)est.)

Pro-NatalistIncentives 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.

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

• 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

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.