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Economics

Pronatalist Policies and Their Effectiveness in Raising Fertility Rates

Quick fact

In South Korea, despite massive government spending on pronatalist measures, the fertility rate fell to a record low of 0.72 in 2023—showing that money alone cannot buy babies.

Why this is interesting

Many countries are shrinking, so governments try to encourage births. But why do some policies barely move the numbers, while others seem to help?