Valentine's Momentum, Thai Government Share Miracle Pill

in esteem •  7 years ago 

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Thailand has tried everything to raise the declining birthrate. Starting from providing cash bonus, to tax incentives. But on Valentine's Day this year, the Thai government is trying a new way, which is to share a 'magic pill'.

As in many other Asian countries, the elderly population in Thailand is increasing rapidly. The birth rate fell sharply to 1.5 children per woman by 2015, from more than 6 children per woman in 1960, according to World Bank data.

Sexuality is a taboo subject to talk about. But behavior has changed and Thai citizens discuss this issue more openly.

However, health experts say Thailand should discuss more about the process of pregnancy and birth, if the government wants to raise the population.

With China, Thailand has a high proportion of elderly people compared to other developing countries in East Asia, according to World Bank data.

Thailand's population is expected to begin to ease by 2030, leading to various economic problems, such as shortage of labor and the number of taxpayers shrinking as the working-age population is shrinking.

Various ways that the government launched did not really succeed in boosting the birth rate, just like neighboring Singapore, one of the countries that have the lowest birth rate in the world.

Experts say the financial incentives offered by the government have not been able to cover the true costs of raising a child.

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