Abstract for: Dynamic Simulation Modeling for Population Decline in South Korea

South Korea faces a critical challenge of population decline leading towards extinction, exacerbated by complex socio-economic factors and nonlinear dynamics. Existing policies have failed to reverse declining birth rates, with simulations projecting a drastic population decrease below 20 million by 2100. Despite extensive government investment, the total fertility rate remains stagnant, raising concerns about the impending crisis. This research employs system dynamics methodology to develop a simulation model, aiming to offer a more accurate and applicable approach for future population predictions. Additional studies are planned to enhance the model's validity and applicability through calibration and scenario development.