For South Korea’s old, a return to poverty as Confucian filial piety weakens

By Chico Harlan, January 21, 2014

SEOUL — There’s a dark side to South Korea’s 50-year rise to riches: The graying generation that is most responsible for that ascent is living in relative poverty.

In a fast-paced nation famous for its high achievers and its big spending on private tutors and luxury goods, half of South Korea’s elderly are poor, the highest rate in the industrialized world.

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