Friday, February 23, 2007

Japan has a low birth rate

There is an article in the newspaper today about the low birth rate in Japan.

According to the article, the birth rate improved marginally to 1.26 last year, due to the improving economy. But this was expected to be temporary. The reasons for the low birth rate are similar to Singapore, namely, the uncertainty of jobs, the high cost of raising a child and potential loss of career prospects for working mothers

If I recall correctly, our birth rate in Singapore is around this level.

We have to understand the underlying concerns, and be able to find a bold new way to break out of the problem.

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