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While the DINK phenomenon (dual income no kids) has been especially trendy in the United States, it is not the only country in which couples are forgoing children because of high opportunity costs as I explained in a previous piece. Advanced economies are facing the same issue of declining birth rates, but some countries are more affected than others.
As it turns out, public policy and social norms are key. Countries with affordable child-care facilities and in which the share of household work between men and women is more equally shared have higher fertility rates. Another important factor is the
