Monday, April 2, 2012
Hong Kong Frets Over Low Fertility Rates
March 27, 2012
This article talks about how Hong Kong would like the people to have more children. Whereas in the past the people were limited to the number of children they were to have. An estimate has been given that by 2030 it is predicted that a fourth of the people will be 65 and older. To help try to increase births there is talk about helping people finacially; the amount of finanical help depends on the what number the children is in the family. Something interesting said by someone from Hong Kong's Family Planning Association named, Paul Yip, in the article and which I also quote, “Children belong not only to me, but also the community,... and everybody should chip in.” This is an interesting how he talks about children.
http://blogs.wsj.com/chinarealtime/2012/03/27/hong-kong-frets-over-low-fertility-rates/
McKenzie Carpenter
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This is kind of strange to have come from that region of the world because we always hear how they stress only haveing one child. I'm sure it's because developed countries generally are more economically stable with a larger percentage of their population in the work force but it seems unsustainable with limited resources and will eventually just lead to an increase in prices because of greater demand. I'm not sure I agree with giving financial incentives for people to have more children to help the economy.
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