South Korea Slashes R&D Budget, Sparking Concerns Over Research and Future Talent
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South Korea has announced major cuts to its R&D budget, worrying scientists about impacts on research and ability to nurture future talent.
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Universities are struggling with declining enrollments and tuition freezes, forcing departments closures and shifts away from basic research.
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Government research institutes are facing 25% budget cuts this year, expected to reduce places for young researchers.
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The National Research Foundation, main funding agency, is cutting funding for existing and new basic research projects.
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Early career scientists already struggling with funding and job insecurity will be most affected by unstable science policies.