14min chapter

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Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)

New Books Network

CHAPTER

Elderly Poverty Crisis in East Asia

This chapter examines the disturbing trend of elderly poverty in South Korea, where nearly 40% of seniors live below the poverty line. It highlights the systemic issues contributing to this crisis and compares the situation across East Asian countries, noting alarming statistics and societal changes. Additionally, the chapter addresses the economic challenges in Taiwan, emphasizing the oversupply of educated workers and its social repercussions.

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