Bank of Korea Governor Rhee Chang-yong on Feb. 10 urged harnessing innovation and artificial intelligence to transform South Korea's aging population into a 'silver economy' growth engine, speaking at a forum hosted with Yonsei University. He cited that the country became super-aged last year (over 20% aged 65+), projected intensive-care needs to rise from 292,000 in 2025 to 639,000 in 2050, and called for regulatory reform and greater healthcare-data use to expand private-sector services.
Key Points
- 1Calls for harnessing AI and innovation to develop the 'silver economy' amid Korea's super-aged society
- 2Highlights rising elderly care demand, projecting intensive-care needs from 292,000 (2025) to 639,000 (2050)
- 3Encourages regulatory reform and healthcare-data use so private sector can expand services and facilities
Scoring Rationale
Official policy call with national scope and clear regulatory implications, limited by lack of implementation detail.
Sources
Public references used for this report.
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