The Quality of Life and Population Movement: The Necessity of a Trade-Based Approach to Addressing Regional Depopulation

In recent years, South Korea’s small and medium-sized areas have faced escalating challenges of aging populations and out-migration, heightening the risk of regional depopulation. This study investigates the relationship between quality of life (QoL) and population movement through cluster analysis of 67 areas. The findings reveal that factors such as employment opportunities, income levels, and residential environments significantly influence QoL and population movement. By analyzing these QoL-related determinants, the research proposes innovative solutions to the population decline crisis from a trade and commerce perspective. The study highlights the importance of establishing new trade networks and fostering trade-based industries in regions at risk of depopulation