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Wednesday, May 24, 2023

Asia is spending big to battle low birth rates - will it work?

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Asia is spending big to battle low birth rates - will it work?   

Japan began introducing policies to encourage couples to have more children in the 1990s. South Korea started doing the same in the 2000s, while Singapore's first fertility policy dates back to 1987.

While it is difficult to quantify exactly how much these policies have cost, South Korean President Yoon Suk-yeol recently said his country had spent more than $200bn (£160bn) over the past 16 years on trying to boost the population.

Yet last year South Korea broke its own record for the world's lowest fertility rate, with the average number of babies expected per woman falling to 0.78.

Continued here


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