Rob Henderson pulls a quote from Nicholas Wade.
South Korea...has spent more than $200 billion since 2006 on programs to reward parenthood, with cash awards for the birth of a baby, parental leave that lasts a year, and subsidized childcare. Nothing has worked.
Reading further on the page brings up an intriguing example of something that recently worked at least once.
2 comments:
I've seen the thing from Georgia before, and have seen people point out it really hints that raising parents status helps immensely. Given this, I saw someone suggest that perhaps South Korea should offer some sort of academic bonus/entrance exam advantage to each child in a family of 3 or more children, and see what that did.
I like the approach. Find the status point.
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