An aging society with drastic regional inequality?
Abysmal female labor force participation?
Dysfunctional political parties turning into personality cults for their leaders?
Politicians embracing cheap populism to avoid taking the difficult reforms necessary to turn the country around?
Trading the future of the youth for short term electoral gains with the increasingly gerontocratic party base?
Sounds pretty familiar....
Most of these are less "turning into Italy" and "leapfrogging Italy in one go" given the state of South Korea...
Also wishing them better luck when someone comes along swearing off populism and actually promising difficult reforms necessary to turn the country around, because it seems to me that the track record of that in terms of actually turning the country around is quite poor.