Thursday, July 23, 2015

Baby love

A FEW years ago Singaporeans were treated to a song urging them to get busy for the sake of the nation. “I’m a patriotic husband, you my patriotic wife, lemme book into ya camp and manufacture life,” went the ditty, accompanied by a video depicting a thrusting cartoon heart. This being Singapore, a stern caveat was appended: “Only financially secure adults in stable, committed, long-term relationships should participate.”

Some poor countries fret about excessive fertility. A typical woman in Niger, for example, will have seven babies. But birth rates have fallen so fast as the world has grown richer that many places now have the opposite problem (see article). The fertility rate is 1.1 in Hong Kong, implying that each generation its population will fall by roughly half. In Japan, Italy and Germany it is 1.4 or less. As populations age and shrink, governments wonder: who will pay taxes or look after the elderly?

The cheapest and best way for rich countries to rejuvenate their populations...



from The Economist: Leaders http://ift.tt/1OzPsiZ

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