By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > The relationship recession is going global
News

The relationship recession is going global

News Room
Last updated: 2025/01/11 at 2:59 PM
By News Room
Share
6 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

There’s a reason birth rates are an increasingly prominent feature in discourse and policymaking today. Population ageing and decline is one of the most powerful forces in the world, shaping everything from economics to politics and the environment.

But a weakness to the debate — perhaps even the term “birth rates” itself — is that it implies the goal is the same today as it was in the past: finding ways to encourage couples to have more children. A closer look at the data suggests a whole new challenge.

Take the US as an example. Between 1960 and 1980, the average number of children born to a woman halved from almost four to two, even as the share of women in married couples edged only modestly lower. There were still plenty of couples in happy, stable relationships. They were just electing to have smaller families.

But in recent years most of the fall is coming not from the decisions made by couples, but from a marked fall in the number of couples. Had US rates of marriage and cohabitation remained constant over the past decade, America’s total fertility rate would be higher today than it was then.

The central demographic story of modern times is not just declining rates of childbearing but rising rates of singledom: a much more fundamental shift in the nature of modern societies.

Relationships are not just becoming less common, but increasingly fragile. In egalitarian Finland, it is now more common for couples who move in together to split up than to have a child, a sharp reversal of the historical norm.

When pictured as a rise in happily childless Dinks (dual income, no kids couples) with plenty of disposable income, the social trends accompanying falling birth rates seem benign.

But the rise of singledom and relationship dissolution is a less rosy story, especially considering the drop in relationship formation is steepest among the poorest. Of course, many people are happily single. The freedom to choose how to spend one’s life and who with (or without) is to be celebrated. But the wider data on loneliness and dating frustrations suggests not all is well.

The trend is global. From the US, Finland and South Korea to Turkey, Tunisia and Thailand, falling birth rates are increasingly downstream of a relationship recession among young adults. Baby bonuses put the cart before the horse when a growing share of people are without a partner. Even in parts of Sub-Saharan Africa, similar trends may be under way.

Why an almost worldwide decline, and why now? The fact that this is happening almost everywhere all at once points more to broad changes acting across borders than country-specific factors.

The proliferation of smartphones and social media has been one such exogenous shock. Geographical differences in the rise of singledom broadly track mobile internet usage, particularly among women, whose calculus in weighing up potential partners is changing. This is consistent with research showing social media facilitates the spread of liberal values (notably only among women) and boosts female empowerment.

The fall in coupling is deepest in extremely-online Europe, east Asia and Latin America, followed by the Middle East and then Africa. Singledom remains rare in south Asia, where women’s web access is more limited.

This is not to overstate the role of social media. Other cultural differences between countries and regions mediate both the spread of liberal ideals and people’s ability to act on them. Caste and honour systems encourage high rates of marriage, irrespective of media access, and female education, income and employment differ markedly between regions.

But while the specific mechanisms are up for debate, the proliferation of singledom and its role in cratering birth rates shows that while financial incentives and other policy tweaks can nudge birth rates higher, they are labouring against much stronger sociocultural forces.

Policies aimed at facilitating relationship formation might be more effective than those aimed at helping couples have babies.

A world of rising singledom is not necessarily any better or worse than one filled with couples and families, but it is fundamentally different to what has come before, with major social, economic and political implications. We are faced with a conundrum: is this what people really want? If not, what needs to change?

[email protected], @jburnmurdoch



Read the full article here

News Room January 11, 2025 January 11, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Bitcoin rises, OpenAI CEO Sam Altman declared ‘code red’ as competition heats up

Watch full video on YouTube

Why More Students Are Forgoing Four-Year College

Watch full video on YouTube

Comus Investment 2025 Annual Letter

Dear Partners, We had a good year in 2025, however we were…

OpenAI CEO Sam Altman reportedly sends out ‘code red’ warning over AI competition

Watch full video on YouTube

How Aldi Became America’s Fastest-Growing Supermarket Chain

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Comus Investment 2025 Annual Letter

By News Room
News

Trump names Tony Blair, Jared Kushner and Marc Rowan to Gaza ‘Board of Peace’

By News Room
News

Is the US about to screw SWFs?

By News Room
News

KRE ETF: Stabilization With A CRE Overhang (NYSEARCA:KRE)

By News Room
News

Goldman and Morgan Stanley investment bankers ride dealmaking wave

By News Room
News

AngioDynamics, Inc. (ANGO) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript

By News Room
News

White House sets tariffs to take 25% cut of Nvidia and AMD sales in China

By News Room
News

AI: Short Circuit? | Seeking Alpha

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?