POPULATION DEMOGRAPHICS

The UK should be actively planning for the situation now unfolding in South Korea. The fertility rate there is now below 1 at 0.78 (replacement level is 2.1). Having less children and having them later (average is 33.5) allcontributes to an ageing population with huge implications for the economy, pensions, care system, and health services. Japan is also having to face a similar, if less rapid decline. Europe also has fertility rates below 2.1.

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