중국은 양육비가 가장 비싼 나라 중 하나다.

슈카월드

29 Feb 202419:36

Summary

TLDRThis script delves into the pressing issue of the high cost of child-rearing in South Korea and China, highlighting a report that positions China as having one of the highest parenting expenses worldwide, second only to South Korea. The discussion unfolds around a Chinese professor's study, revealing that raising a child in China up to the age of 18 could cost about 1 billion KRW, making it 6.3 times the country's GDP per capita, compared to South Korea's staggering 7.7 times. The script also touches on the societal implications of these costs, including the impact on birth rates and the measures suggested to alleviate the financial burden of parenting. Moreover, it explores the unique aspects of Korea's postnatal care industry, suggesting its potential for international expansion despite the current demographic challenges.

Takeaways

👨‍💻 A Chinese professor's team claimed that China is one of the countries with the highest child-rearing costs in the world, positioning it as second after conducting their research.
📈 The estimated cost to raise a child up to 18 years old in China is around 1 billion won (approximately 53,800 yuan), which is about 6.3 times the per capita GDP, higher compared to the US and Japan.
🏦 Despite high child-rearing costs, China faces challenges with its declining birth rate, with predictions moving towards a lower figure in 2023 from 1.09 in 2022.
📚 Research suggests South Korea has even higher child-rearing costs, estimated at 7.7 times the per capita GDP, sparking a debate over the accuracy and comparison standards of such studies.
🛠 South Korea's Health and Welfare Ministry contested the Chinese report's findings, arguing differences in the calculation basis and emphasizing the inclusion of university costs up to the age of 22 in Korean estimates.
💰 The discussion highlights the intensive financial burden of education costs in Korea, particularly due to private education, which significantly impacts the overall child-rearing expenses.
🔧 Proposed solutions in the script suggest the need for governments to lower birth and child-rearing costs through financial support, tax deductions, and educational reforms.
📌 The script also touches on the cultural aspect of postnatal care in South Korea, suggesting its potential for international expansion given its high domestic adoption rate.
🏠 The cost of postnatal care centers in South Korea is highlighted, indicating a luxury service with prices reflecting the premium services provided.
👨‍👩‍👧‍👦 The narrative concludes with a reflection on the societal and economic challenges posed by high child-rearing costs and the impact on family planning decisions.

Q & A

What is the title that recently attracted attention in Korean media regarding childcare costs?
-Korea was called the world's most expensive country for childcare costs in a recent news article.
Why did the Chinese professor want to exclude Korea when calculating the most expensive countries for childcare?
-Because Korea's childcare costs were calculated to be extremely high compared to GDP, so the professor wanted to exclude it as an outlier.
What percentage of income do childcare costs take up in Korea according to the research?
-According to the Chinese research, childcare costs in Korea take up 7.7 times the per capita GDP.
What do Korean government research organizations argue about the childcare cost calculations?
-Korean government research organizations argued that the Chinese research included university costs while Korea's calculations only went up to age 18, putting Korea's actual childcare multiple at 4.6 times GDP.
What is the monthly childcare cost per child in Korea according to government research organizations?
-According to Korean government research organizations, the monthly childcare cost per child in Korea is about 1 million won, or around $700 USD.
What percentage of Korean students participate in private after-school tutoring?
-A very high percentage, 78.3%, of Korean students participate in some form of private after-school tutoring.
How much does the private tutoring industry grow annually in Korea?
-The private tutoring industry grows at an astonishing rate of 10.8% per year in Korea.
How do Korea's education expenditures compare to other OECD countries?
-Korea spends the 3rd most on primary and secondary education amongst OECD countries, but falls to near the bottom on tertiary/university education spending.
How popular are Korean postpartum care centers among new mothers?
-Very popular - 78% of Korean mothers prefer using postpartum care centers after giving birth over other options.
How much is the typical cost for a 2-week stay at a Korean postpartum care center?
-For a 2-week stay at a postpartum care center in Korea, the cost is about 4.5 million Korean won or $3,500 USD.

Outlines

00:00

🌍 Global Child-rearing Costs: China's Perspective

The script discusses a news story that gained attention in South Korea, reporting on China's claim that it is one of the most expensive countries in the world for child-rearing, citing research by a Chinese professor's team. The research intended to highlight the high costs of raising a child in China, comparing it unfavorably with the US and Japan in terms of GDP ratio, with Chinese child-rearing costs being 6.3 times the per capita GDP. However, this was still behind South Korea's child-rearing costs, which were reported to be even higher. The segment underscores the economic burdens of parenting in China and South Korea, hinting at the impact on birth rates, and suggests that the Chinese government aims to reduce these costs through various measures.

05:01

🔍 Rethinking Child-rearing Costs: South Korea's Calculation

This paragraph revises the earlier assertions about child-rearing costs by analyzing South Korea's perspective. The Korean government and research institutions contested the figures from the Chinese study, arguing that when excluding college expenses and indirect costs, the actual figure for raising a child in South Korea significantly drops. They present a counter-argument that, under comparable conditions, child-rearing costs in South Korea might be lower than initially reported and emphasize discrepancies in the calculation methods between the two countries. The paragraph highlights the ongoing debate on child-rearing expenses, illustrating the complexity of accurately measuring these costs across different countries.

10:03

🎓 Educational Investments and Challenges in South Korea

This section delves into the educational aspect of child-rearing costs in South Korea, highlighting the substantial financial burden of private education on families. It points out that despite a declining child population, the private education market continues to grow, indicating a high societal value placed on education. The narrative contrasts the significant investments in education up to high school with the reduced spending on higher education, suggesting a societal focus on early educational achievement. The paragraph also reflects on the unique pressures of the South Korean education system, where a significant portion of child-rearing expenses is dedicated to educational costs, underlining the intense competition and high expectations faced by students.

15:03

🇰🇷 South Korea's Postnatal Care Industry: A Cultural Export

The final paragraph shifts focus to South Korea's postnatal care industry, highlighting its potential as an exportable cultural product. It outlines the high usage rate of postnatal care services in South Korea, driven by the transition to nuclear families and the increasing average age of first-time mothers. The text suggests that the industry, despite facing challenges due to a declining birth rate, represents a significant aspect of South Korea's approach to child-rearing and maternal care. It concludes with the idea that, much like the global spread of K-pop and other Korean cultural exports, the postnatal care industry has the potential to achieve international success, illustrating the broader cultural and economic implications of South Korea's child-rearing practices.

Mindmap

Keywords

💡Child-rearing costs

Child-rearing costs refer to the financial expenses involved in raising a child from birth to adulthood. In the video script, it highlights the high cost of raising a child in South Korea, comparing it to other countries and emphasizing the economic burden on parents. The script mentions that South Korea's child-rearing costs are significantly higher than the global average, making it a central theme of the discussion.

💡GDP ratio

The GDP ratio in the context of the video script refers to the comparison of child-rearing costs to a country's Gross Domestic Product per capita. This metric is used to gauge the relative expense of raising a child in relation to the average income or economic output per person. The video mentions China and South Korea having high ratios, indicating that parents in these countries spend a large portion of their income on child-rearing.

💡Education expenses

Education expenses are a significant part of child-rearing costs, covering everything from tuition fees to extracurricular activities and private tutoring. The video script discusses the heavy financial burden of education in South Korea, where parents invest a large amount of money in their children's education, hoping to secure them a competitive advantage in the future.

💡Private education

Private education, also known as 'hagwon' in South Korea, refers to supplementary educational institutions that provide additional tutoring beyond the regular school curriculum. The video script points out the high participation rates in private education in South Korea, indicating a cultural emphasis on educational achievement and the financial pressures it places on families.

💡Fertility rate

The fertility rate is mentioned in the context of discussing the consequences of high child-rearing costs, where it is implied that these costs are a contributing factor to the low fertility rates observed in countries like South Korea and China. The script suggests that the economic burden of raising children is discouraging people from having more offspring, impacting the country's population dynamics.

💡Postnatal care

Postnatal care refers to the support and medical care a mother receives after giving birth. The video script transitions to discussing the cultural and industry aspects of postnatal care in South Korea, highlighting the high utilization rate and the potential for international expansion of Korean-style postnatal care centers, known as 'sanhujoriwon'.

💡Government support

Government support in the video script refers to the measures and policies implemented by governments to alleviate the financial burden of child-rearing on families. This includes cash support, tax reductions, and subsidies. The video suggests that more support is needed to lower the cost of child-rearing and boost the fertility rate.

💡Comparative analysis

Comparative analysis in the video script involves comparing child-rearing costs, education expenses, and fertility rates across different countries, notably China, the United States, Japan, and South Korea. This method highlights the relative difficulties and expenses associated with raising children in these countries.

💡Cultural expectations

Cultural expectations refer to the societal norms and values that influence parenting practices, including the emphasis on education. The video script discusses how these expectations contribute to the high child-rearing costs in South Korea, with parents feeling pressured to invest heavily in their children's education.

💡Industry impact

Industry impact refers to the effect of demographic and social trends on various industries related to child-rearing and education. The video script touches on the private education industry's growth in South Korea despite declining birth rates, and the challenges faced by the postnatal care industry as it adapts to changing demands.

Highlights

Korea has the highest childcare costs in the world

China argues it has the 2nd highest childcare costs globally

Korea spends over 7 times its GDP per capita on childcare

The cost of college is included in China's calculation but not Korea's

Accounting for college, Korea's cost is about 1.6 times GDP per capita

36% of childcare costs in Korea go towards education

Korea spends heavily on K-12 education compared to GDP

But spending drops significantly for college students

Korea's private tutoring industry grows 10% annually

High school students average $700 per month in private tutoring

78% of Korean students get private tutoring

Postpartum care centers are used by 81% of new mothers in Korea

Cost is $4,220 for 2 week stay at postpartum care center

Industry urged to expand Korean-style postpartum care abroad

Chinese postpartum care industry growing due to Korean influence