Analyst: Giving more money to have more children will not solve Singapore’s low birth rate

In addition to high home prices is a “sense of instability…dragging people further away from having children", says Mu Zheng, assistant professor at the Department of Sociology and Anthropology at the National University of Singapore

SINGAPORE: While the government offers more financial incentives to encourage Singaporeans to have more children, an analyst says this may not work.to entice people to have more children, from Baby Bonus Cash Gifts of up to S$13,000 to doubled paternity leave. However, a CNBC report quotes an analyst with the EIU, Mr Wen Wei Tan, as saying that more cash will not necessarily address the low birth rate issue.

“Tackling the fertility rate will require us to confront some of the weakness of the underlying systems … Which means not only addressing demographic challenges, but also helping to build social cohesion, and perhaps look at how we can foster healthier attitudes towards risk-taking,”

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