As birth rates plummet globally, the Philippines is renowned for its among the world's highest fertility ratios.
For a long time, the Southeast Asian nation has grappled with a question that is unfeasible in countries like Japan and South Korea, where governments offer cash incentives for couples who have children. As many countries record more deaths than births, the Philippines is a bright star for those who believe that a young labor force can bring greater productivity.
But the Philippines, which has 113 million residents, sees the issue differently. President Ferdinand Marcos Jr.'s government, led by President Ferdinand Marcos Jr., warns that the nation can't achieve broad economic success without addressing demographic challenges.
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