Not Enough Babies: Cost and Careers Affect NZ's Birth Rate
OECD COUNTRIES, JUL 17 – Declining birth rates in OECD countries threaten pension systems and labor forces, with the worker-to-retiree ratio expected to halve by 2050, requiring fiscal tightening, IMF data shows.
- Last year, the Office for National Statistics reported the fertility rate in England and Wales hit a record low, and Ireland’s rate fell below replacement.
- Most countries now have fertility rates below replacement level, as birth rates fall worldwide and populations age, setting the stage for long-term decline.
- IMF projections show a 1% hit to annual global GDP growth, OECD pension cashflows will turn negative by 2030 and demographers warn of insufficient workers.
- Hungary’s incentives have failed to lift its TFR, Hungary spent about 5% of GDP on incentives yet its TFR fell to 1.38, BPAS’s fertility assistance service closed within a year due to financial strains and China is now urgently seeking to boost births.
- Soon, the mathematics of below-replacement fertility promise eventual depopulation, and McKinsey projects AI could automate 11 million US jobs by 2030 yet still create demand for 4 million workers.
12 Articles
12 Articles
Which matters more for the economy — babies or robots?
Two sweeping visions of the future have been unfolding, each producing grim — yet seemingly contradictory — predictions for the fate of humanity. On the one hand, we’re learning that the birth rate is falling all over the world, leading to aging societies and a global population set to decline this century. If trends continue on their present path, demographers warn, there won’t be enough people to work to support society. The extreme labor sh…
Fertility has fallen to record lows and the government has appointed an inquiry into childbearing. The idea that “overpopulation” leads to poverty and environmental degradation, however, seems to have been forgotten. Perhaps we should welcome a declining population, writes environmental researcher Rikard Hjorth Warlenius.
This is how Professor Alice Evans describes the demographic crisis that, surprisingly, took us by surprise. Except for sub-Saharan Africa, women are having fewer children all over the planet. Birth rates are falling in the most progressive and conservative societies; in which religion is a substantial factor in daily life and in the most secular societies. Likewise, they are falling in countries with robust social care and security systems, and …
EDITORIAL. Many people seem to believe that the declining birth rate is almost inevitable. That's wrong – other countries are showing that the trend can be influenced.
The Impact of Fewer Babies Being Born in Countries Around the Globe : State of the World from NPR
More families around the world are choosing to have fewer children or none all. Many countries, including the U.S., now face a rapidly aging population that could begin to shrink. We look at why this is happening and what it could mean for the future.
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