05 Feb '12, 9pm

Get to the social root of the problem - TODAYonline: Get to the social root of the problemTODAYonlineThe Baby Bo...

As he prepares to deliver the 2012 Budget on Feb 17, the Finance Minister is in an unenviable position. The global economy has not rebounded with the vigour hoped for 12 months ago. It appears the road to recovery may be longer, and perhaps steeper, than many had originally anticipated. While the Finance Minister may take bold steps to protect the economy, there are some more basic issues to contend with at home - such as Singapore's low birth rate and ageing population. It is well known that birth rates in developed countries tend to drop during times of economic strife. Putting the expected boom in this year's "dragon babies" to one side, there could be severe long-term consequences for Singapore's already low birth rate, if the financial recovery is as slow a process as it currently appears and if we follow this statistical trend. Quite simply, in order to become more s...

Full article: http://www.todayonline.com/Singapore/EDC120206-0000007/Ge...

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