We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

America’s Baby Bust

14 12 3
11.06.2018

LONDON – News that the United States’ fertility rate fell in 2017 to 1.75 has provoked surprise and concern. A buoyant US economy in the 1990s and early 2000s was accompanied by fertility rates of 2.00-2.05 children per woman, up from 1.8-1.9 in the 1980s. But the increasingly strong economic recovery of the last five years has been accompanied by a declining birth rate. That seems to presage a long-term shortage of workers relative to retirees, and severe financial pressures on pension funds and health-care provision.

Jun 8, 2018 Yoon Young-kwan urges a combination of political boldness and realistic prudence in denuclearizing North Korea.

Jun 6, 2018 Minxin Pei worries that the US lacks the leadership needed to manage a geopolitical rivalry.

Jun 5, 2018 Ian Buruma reflects on the public culture of an age in which we have become privy to others' unfiltered thoughts.

But the assumption that stronger growth and economic confidence must generate higher fertility – with low birth rates reflecting pessimism about the future – is not justified by the evidence. Moreover, fertility rates at around the current US level do not pose severe problems – and bring some benefits.

In all major developed economies, fertility rates fell during the 1960s and 70s, reaching levels below the replacement rate of around 2.05 children per woman. The US rate reached 1.77 in the late 1970s, compared to 1.8 in........

© Project Syndicate