The birth rate in most developed countries is predicted to fall over the next 50 years. By 2030 it is estimated that over one-third of the population in most developed countries will be aged 65 and over. What effects will the predictions have in developed countries if they prove true? What can be done now to deal with this situation? What is your view?

The predictions show that the birth rate in industrial nations will decline over the next half of the century. 1Estimates indicateEstimations have reported that over 30% of technologically advanced societies will 2be aged 65 or overget 65 years old and over by 2030. This alarming trend leads to 3a declining populationdecreasing population, tax 4revenuesincomes and 5the active workforceactive labour. 6A falling birth rateFalling birth rate yields a plethora of hurdles. 7FirstAt first, the low rate of pregnancy among women 8results in a decline inresults in declining the population of the country. Furthermore, this 9problemhitch causes 10a reduction in tax revenuethe reduction of taxable incomes, so the government must 11allocate a large share of its budgetspend a huge amount of budget for medical care and social services in order to support old people. Finally, the third obstacle of this condition is 12a sharp decline in the active workforcethe plunge of an active workforce. 13To address these problemsOn the other hand, economic experts have suggested a host of solutions for this upheaval. The first effective solution is 14strengtheningfortifying incentive policies 15to raise the fertility ratefor rising fertility rate among young couples. As a prime example, the government can pay a subsidy for 16each newborn childany newborn kids. In addition, 17a second approach to this problemthe second technique of problem-solving that can reform this dilemma is 18facilitating the immigration ofexpediting immigration of young skilled workers and experienced engineers from less developed countries. Nowadays, 19many countriesa wide spectrum of states implements this policy. As an outstanding instance, Australia has facilitated the 20entryentrance of migrants. Thus the government publishes a list of 21needed occupationsrequired labour in certain fields based on specific criteria annually. In conclusion, the drop of birth rate escalates a number of challenges such as shortage of labour forces, the peak of old age group and the exacerbate of social services and health cares. These disastrous crises can be modified by executing beneficial methods like the financial support of couples for raise of fertility and accelerating of immigration processes.