Children are national assets. Our support must reflect that
A case for treating children as Singapore’s long-term equity
SINGAPORE is ageing at a pace that should unsettle even our most disciplined planners.
By 2030, one in four citizens will be over 65. Our total fertility rate has fallen from 0.97 to 0.87 in a single year. We are not merely below replacement. We are in demographic contraction.
Policy responses have been serious: enhanced baby bonuses, longer parental leave, housing priority, flexible work arrangements. Necessary measures, all. But they remain heavily front-loaded – concentrated around birth and the early years.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.