Government Transfers to Parents and Population Policy in a Global Perspective: An Economic Demographic Perspective

The world is rapidly converging towards lower fertility: in 2020, countries with a total fertility rate of less than 2.25 will encompass more three-quarters the population. This implies that determinants childbearing be increasingly similar high-income and middle-income regions world. In this article, I discuss economic demography relation to levels childbearing. How do different societies distribute resources across life course between generations, what extent done through governmental transfers? such transfers varies considerably low-income, middle-income, countries, which explored data from National Transfers Account project. argue low-fertility societies, costs childrearing are socialised important for fertility. an determinant future and, if used as population policy, offers straightforward pathway achieve desirable size. As global decline continues, policies relevant most tool governments affect many contexts.