Low Fertilitys Socio - Economic Impact and Coping Strategies

In modern society, with the development of the economy and the improvement of people's living standards, the fertility rate generally shows a declining trend. This article uses the latest data to explore the causes of low fertility and the social and economic implications of declining fertility. The rising house prices and high educational costs will bring people a lot of financial pressure and make it difficult for them to raise a child. The acceleration of urbanization and female career development can take a lot of burden on adults and be the factors that lead people unwilling to have babies. The declining fertility rate will hurt the country and society, resulting in labor shortages, a smaller consumer market, and an increasing aging population. So increasing maternity benefits, improving the level of medical security, and optimizing fertility policies and services can be the strategies for low fertility.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-26
DOI
https://doi.org/10.54254/2754-1169/2024.18613
Primary Topic
Insurance, Mortality, Demography, Risk Management
Type
article
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article

Low Fertilitys Socio - Economic Impact and Coping Strategies

Linxi Fei
Advances in Economics Management and Political Sciences
Insurance, Mortality, Demography, Risk Management
article

Low Fertilitys Socio - Economic Impact and Coping Strategies

Linxi Fei
article en

Abstract

In modern society, with the development of the economy and the improvement of people's living standards, the fertility rate generally shows a declining trend. This article uses the latest data to explore the causes of low fertility and the social and economic implications of declining fertility. The rising house prices and high educational costs will bring people a lot of financial pressure and make it difficult for them to raise a child. The acceleration of urbanization and female career development can take a lot of burden on adults and be the factors that lead people unwilling to have babies. The declining fertility rate will hurt the country and society, resulting in labor shortages, a smaller consumer market, and an increasing aging population. So increasing maternity benefits, improving the level of medical security, and optimizing fertility policies and services can be the strategies for low fertility.

Advances in Economics Management and Political SciencesVol. 136(1)
Sustainable cities and communities
Openalex Percentile: Top 53%
Insurance, Mortality, Demography, Risk Management
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