Why There’s More Bad News Than Good in Falling Birth Rates

In most industrial nations, the average number of childbirths per woman has fallen below 2.1–the “replacement rate” at which population growth -levels off. That may be good for a resource-strained planet. But for businesses and governments, it’s a looming challenge. One impact of declining fertility–a sinking ratio of working-age people to retiree–is already eroding social […]