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Lee Hyo-sik. "Korea Next to Last in Social Welfare Spending". The Korea Times, February 12, 2010. South Korea now spends less, but article points out that its rate of spending growth reached an annual average of 10.8 percent from 2004 through 2008, twice the OECD average, and predicts this rate of increase will continue its upward curve as the government has to spend more to care for the elderly and encourage people to have babies.