Geopolitics
South Korea Fertility Rate Rises from 0.7 to 1.0 After Marriage Subsidies
Modern Wisdom
Birth Rate Debate: Why Is No One Having Kids? - #1099
"South Korea's increase in fertility in the last 3 years, which is like, they've increased fertility by like 0.2 or 0.3 kids in 3 years. Like, that's nothing to sneeze at. And yes, it's still only at 1, but that's a lot better than 0.7. Partly they did increase child benefits and child cash stuff, but the big change they did is they created an explicit marriage bonus and marriage rates rose for the first time in 25 years."
Stone reported South Korea achieved a significant fertility increase through marriage subsidies after decades of decline. Marriage rates rose for the first time in 25 years following the policy change, though fertility remains well below replacement at approximately 1.0 births per woman.
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