PROBLEMS: LABOUR SHORTAGES, A RISING DEPENDANCY RATIO, INCREASING DEMANDS FOR SERVICES FOR THE LEDERLY, INCREASING COSTS OF PROVIDING STATE PENSIONS AND THE FALLING BIRTH RATE.
FRANCES SOLUTION
PRO NATAL POLICY
ENCOURAGED PEOPLE TO HAVE CHILDREN TO PRODUCE A MORE FAVOURABLE AGE STRUCTURE AND DEPENDANCY RATIO
WORKED AT THE BEGINNING BUT THEN WENT BACK TO NORMAL
THREE YEARS OF PARENTAL PAY LEAVE WHICH CAN BE USED BY PARENTS
FULL TIME SCHOOLING STARTS AT 3 FULLY PAID FOR
DAY CARE FOR CHIKLDREN LESS THAN 3 IS SUBSIDISED
THE MORE CHILDREN A WOMEN HAS THE EARLIER SHE CAN RETIRE ON A FULL PENSION
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