Opinion
Why Localism Won't Save Busan and the Urgent Need for Comprehensive Reform
Busan, South Korea’s second-largest city, is grappling with a complex and multifaceted crisis. With a population projected to decline by over 850,000 by 2052 and an aging population expected to make up nearly half the city’s residents, the future of Busan appears increasingly uncertain. As traditional industries, such as shipbuilding, continue to decline and urban decay spreads in older districts like Yeongdo, the city has sought out localism as a potential lifeline. Localism, the idea that smal