Solutions to a Slowly Growing/Declining Population Flashcards
Incentives
Increase birth rate through offering incentives to have bigger families (e.g child / working tax credit, child trust fund)
Paternity Benefits
More paternity benefits to ensure families have more support during the initial months.
Increase Retirement Age
Higher retirement age to increase the number of taxpayers AND reduce the number receiving pensions.
Female Employment
Increase female employment to raise tax revenue e.g. crèches in work place, equal pay, flexi time.
Increase Tax
Increase taxes for the active population to plug any shortfall in a countries finances
Immigration
Gov. may need to create more economically active / workers / consumers and tax payers through immigration.