News archive - What do Marriage and Fertility have to do with the economy?

A new international report from the Social Trends Institute What Do Marriage & Fertility Have To Do With The Economy? highlights the links between a strong economy and marriage and family. The core message of the report for 29 countries across the globe, is that the wealth of nations depends in no small part on the health of the family.

The Sustainable Demographic Dividend: What do Marriage and Fertility have to do with the economy? is an international collaborative effort, authored by international academics including W. Bradford Wilcox, Carlos Cavallé (Social Trends Institute) and Phillip Longman, among others.

The authors give multiple reasons for why marriage and family matter in the economy, including:

  • Children raised in intact, married families are more likely to acquire the human and social capital they need to become well-adjusted, productive workers;
  • Men who get and stay married work harder, work smarter, and earn more money than their unmarried peers;
  • Nations wishing to enjoy robust long-term economic growth and viable welfare states must maintain sustainable fertility rates of at least two children per woman; and
  • Key sectors of the modern economy—from household products to insurance to groceries—are more likely to profit when men and women marry and have children.

The authors suggest that in order to preserve families and ultimately strengthen the economy, leaders encourage policy that supports marriage and responsible parenthood:

"Business, government, civil society, and ordinary citizens would do well to strengthen the family—in part because the wealth of nations, and the performance of large sectors of the modern economy, is tied to the fortunes of the family."

Read more here: http://sustaindemographicdividend.org/ or here: http://www.intermediaconsulting.org

For further information, please contact: info@intermediaconsulting.org

Source: Email by Reynaldo Rivera (interMedia)

Geographical focus
  • International; Other

Entry created by Ines Marinkovic on October 30, 2011
Modified on November 2, 2011