Also,
We can examine the baby bonus programme, which has been
implemented.
The government says it is working but only very marginally (not
enough effect)
So indeed financial incentive DOES have an impact.
But I think the conclusion is, not that the financial incentives
does not cover the whole story (such as psychological changes or
lifestlye changes), but I would say that the amount is not bold
enough. That is why the effect is marginal.
Also some of the so-called lifestyle changes can be addressed by
measures such as paternity leave, maternity leave, flexi working
hours, more childcare centres, and so on (this is all geared to
minimize the lifestyle disruptions and to form a support
mechanism)
Another thing which is possible to be examined further is the
role of in-house help, aka, maid.
If Im not wrong nowadays the trend is moving towards further
tightening, taxing, and regulation, on maids. This should be
reversed.
If there is plentiful of in-house help, this should be
beneficial and can help encourage family building.
