Wednesday, October 12, 2011

Who says subsidies doesn't help in increasing birth rates?

The number of babies born in Taiwan surged 16 per cent in the nine months to September after the government offered subsidies to couples in a bid to boost the island's birth rate. Tax breaks and subsidies aimed at helping young couples buy houses were among the incentives offered as Taipei seeks to raise the island's fertility rate, which is among the world's lowest. Other incentives were offered such as tax reduction, cash gifts and financial help with childcare and fertility treatment.

Who says the government cannot help in increasing birth rates? There is always a price for economy growth.

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