Economics
Global Baby Drought of Covid-19 Crisis Risks Population Crunch
- Solid ratio of workers to elderly needed for social safety net
- Births may not bounce back once health crisis abates
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More than a year since the global pandemic struck, its damage to population growth is starting to become starkly clear, and not just because of the grim death toll.
Major economies from Italy to Singapore, already afflicted by dire demographics, are seeing that phenomenon accelerate after measures limiting social contacts and the worst growth crisis in generations combined to prevent or dissuade people from having babies.