Pick-up in fertility too little, too late

The slump in the share of young women that are married combined with the delay when women have their first child suggest that the fertility rate may at best rise from the current 1.4 to around 1.5. Even so, the working-age population would still fall by more than one-third over the next fifty years. The upshot is that the government will have to intensify its efforts to attract foreign workers.

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