By Invitation

To have more babies, lower the search costs for a marriage partner

Consider having more matchmaking options

At the recent 62nd Economic Society of Singapore annual dinner, I spoke on the need to refocus Singapore's attempts to get more babies by reducing the average marriage age. And to achieve that, ways must be found to reduce search costs for marriage partners.

Singapore's demographics are particularly worrying with serious fertility declines; its fertility rate hit a seven-year low of 1.16 as of last year, far below the replacement rate of 2.1, and this is in addition to a fast-ageing population.

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A version of this article appeared in the print edition of The Straits Times on September 11, 2018, with the headline 'To have more babies, lower the search costs for a marriage partner'. Print Edition | Subscribe