Global Decline in Fertility Rates: Trends, Influencing Factors, and Future Projections

Global fertility rates have significantly declined in recent years, falling below the replacement level of 2.1 children per woman in many developed countries, while rising populations due to increased life expectancy strain natural resources and heighten concerns about a shrinking labor force and the economic burden of an aging demographic. This study examines the trends and factors influencing declining fertility rates, including GDP per capita, inflation, unemployment, female labor force participation, urbanization, and child mortality. Utilizing regression analysis to create a predictive model, the research assesses how changes in these variables might affect future fertility rates, and it employs time series analysis on historical birthrate data to project trends for the coming years.

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Publication Details

Published
2024-11-04
DOI
https://doi.org/10.1109/ictmod63116.2024.10878235
Citations
1
Primary Topic
Insurance, Mortality, Demography, Risk Management
Type
article
Field-Weighted Citation Impact
1.71
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article

Global Decline in Fertility Rates: Trends, Influencing Factors, and Future Projections

Patrick Hosein, Chaitanya Boodoo
1 citations
Insurance, Mortality, Demography, Risk Management
1.71
article

Global Decline in Fertility Rates: Trends, Influencing Factors, and Future Projections

Patrick Hosein, Chaitanya Boodoo
article en
1 citations

Abstract

Global fertility rates have significantly declined in recent years, falling below the replacement level of 2.1 children per woman in many developed countries, while rising populations due to increased life expectancy strain natural resources and heighten concerns about a shrinking labor force and the economic burden of an aging demographic. This study examines the trends and factors influencing declining fertility rates, including GDP per capita, inflation, unemployment, female labor force participation, urbanization, and child mortality. Utilizing regression analysis to create a predictive model, the research assesses how changes in these variables might affect future fertility rates, and it employs time series analysis on historical birthrate data to project trends for the coming years.

University of the West Indies (BS)
Zero hunger
Openalex Percentile: Top 11%
Insurance, Mortality, Demography, Risk Management
1.71
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