Tuesday, April 24, 2012

Forbes: Warning of Declining Birth Rates

Warning Bell for Developed Countries: Declining Birth Rates

Lee Kuan Yew, 04.20.12, 10:00 AM EDT
Forbes Magazine dated May 07, 2012

There will be a shift in power unless birth rates increase in the devloped world.

In developed countries today many women receive educations and earn salaries that are on a par with those of men. The fact that women are no longer socially or economically dependent on men has radically altered young people’s lifestyles. A woman can now choose to remain single, marrying only when a man adds value to her life or when she desires to have children within such a framework.

This is creating big changes throughout the developed world. The replacement rate--the reproduction rate that keeps a population stable--for developed countries is 2.1, yet nearly half the world’s population has birth rates lower than that. The U.S. has a total fertility rate (TFR) of 2.0--nearly the replacement rate--with Hispanic immigrants leading in birth rates. The U.S. is aging but not as fast as many other countries. A 2010 census showed that 31.4 million Americans live alone--27% of all households (equal to the percentage of childless couples). Living alone allows people to pursue individual freedom, exert personal control and go through self-realization, but these people have fewer children. See full story here.