
Chart of the Day: Here's how Singapore's fertility rate lags other countries
Baby boomer generation will ditch workforce by 2025.
According to CIMB, in Singapore, the post-1960s generation had been indoctrinated to have not more than two children each while the generation before had 5-10 siblings; that baby boomer generation is growing old and will leave the workforce by 2025.
While there is nothing one can do with the large, retiring workforce, a lot of solutions lie in raising the total fertility rate (TFR); unfortunately rectifying that is also tough.
The ageing population problem is statistically linked to high GDP per capita. The good ol‟ joke is that all Singapore needs to do sometimes, is to have more blackout.