Japan babies cash incentivie | Business Insider


Japan’s nationwide fertility rate just hit its highest level in 21 years.

The total rate increased to 1.46 in 2015, slightly up from the previous rate of 1.42 in 2014, according to the health ministry.

The biggest contribution to the increase came from women aged 30 to 34, according to Bloomberg.

This is no doubt a good sign for a country struggling with a looming demographic crisis.

However, what’s particularly interesting about this spike in fertility is that there was a correlation with cash incentives for new parents.

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