How can wealthy nations respond to the baby bust?

Across all 38 Organization for Economic Co-operation and Development (OECD) Member countries—spanning from North and South America to Europe and Asia-Pacific—the total fertility rate, which indicates the average number of children a woman is expected to have based on current age-specific fertility rates, has fallen. With the exception of Israel, the total fertility rate in 2019 is below the replacement rate of 2.1 children per woman.