Rather than having another child, parents typically invest extra funds in their existing children's education. This creates the "quality versus quantity trade-off": families choose fewer children but invest more heavily in each one.
Asia's policymakers must get creative to fight fertility crisis
https://asia.nikkei.com/Opinion/Asia-s-policymakers-must-get-creative-to-fight-fertility-crisis
https://asia.nikkei.com/Opinion/Asia-s-policymakers-must-get-creative-to-fight-fertility-crisis
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