Demographic transition
The classic model runs from high birth and death rates, through falling mortality and rapid growth, to falling fertility and low rates of both. It expected fertility to stabilise near replacement, but many countries fell well below it, driving population ageing.
Theories
- Economic (Becker): rising incomes shift investment from child quantity to quality; higher female wages raise opportunity costs.
- Easterlin hypothesis: low income prospects relative to parents' living standards delay marriage and births.
- Second demographic transition (Lesthaeghe, van de Kaa): individualism and self-realisation, cohabitation and later marriage.
- Gender equity (McDonald): very low fertility when women's equality in education and work outpaces equality in family care.
Lowest-low fertility and Korea
A TFR below 1.3 is "lowest-low". Korea has been there since 2002 and recorded 0.72 in 2023, among the world's lowest, linked to housing and education costs, long hours and concentration in the capital region.
Policy
Research suggests cash alone has limited effect; parental leave, childcare, housing and work reform are emphasised.
References
- Notestein, F. W. (1945). Population: The long view. In T. W. Schultz (Ed.), Food for the World (pp. 36-57). University of Chicago Press.
- Becker, G. S. (1991). A Treatise on the Family (enlarged ed.). Harvard University Press.
- Lesthaeghe, R. (2010). The unfolding story of the second demographic transition. Population and Development Review, 36(2), 211-251.
- McDonald, P. (2000). Gender equity in theories of fertility transition. Population and Development Review, 26(3), 427-439.
- 통계청 (2024). 「2023년 출생 통계」.