Boost fertility by pooling social resources to nurture talent

To raise the fertility rate, policies need to tackle the tension between childbearing and human capital accumulation.

Coping with child educational costs and long work hours are very real issues for couples’ fertility decision-making. PHOTO: ST FILE
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The annual Population in Brief report revealed that the fertility rate for 2021 in Singapore was 1.12, close to the all-time low of 1.1 in 2020.

At only half the replacement rate, this puts the country at risk not only of rapid population ageing and decline, but also social changes such as deterioration of family and community networks. Social isolation will occur at a rapid pace.

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