Explainer: The State of Korea's Childcare Industry

In March, a curious protest took place in Seoul. Private kindergartens were going on strike. Protests by industry groups or workers are not uncommon in South Korea, but something about the protest in the childcare sector struck a raw nerve. What was the industry protesting against? And where are the public kindergartens?

KEI Senior Director Troy Stangarone and intern Steven Lim answer these questions and address how childcare affects demographic trends. Steven Lim's recent Peninsula Blog article is a good accompaniment for this episode, and we highly recommend you check it out: http://blog.keia.org/2019/05/market-options-fail-children/