Across East Asia, people are opting for looser, often lonelier and less male-dominated arrangements. The region’s governments must manage this momentous social change, rather than resist it
of “Asian values”, once championed by leaders across the region, went out of vogue after the Asian financial crisis of 1997. The idea that East and South-East Asia’s disciplined governments had a unique economic edge over the decadent West suddenly seemed less compelling. Today in prosperous East Asia a different facet of those ballyhooed values is looking even more parlous. In China, Japan, South Korea and Taiwan, Asians’ supposed commitment to conservative family life is collapsing.
In some ways young Chinese, Japanese, Taiwanese and South Koreans are following a path charted in rich countries elsewhere. Between 1960 and 2010 Europe’s marriage rate fell by half, for many of the reasons that are now driving down East Asian rates. To many people, marriage seems increasingly anachronistic and unaffordable. Across East Asia it is still widely understood in Confucian terms, as the union of a dominant man and submissive woman.
The second problem is that the region’s governments are making the situation worse. None seriously broaches the only policy guaranteed to revive East Asia’s flagging demography: mass immigration. Their main response is to try to resuscitate marriage with economic perks—including tax breaks and subsidised weddings—with little success. South Korea’s president, Yoon Suk-yeol, admits that his country has, in essence, squandered 280trn won on such policies.
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