Rising education levels, late marriages and long working hours among women have contributed to the fall in fertility rates across Asia.
Singapore has the lowest fertility rate among 222 nations, according to the World Factbook, with a woman expected to give birth to an average 0.78 children during her lifetime.
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"Asia as a whole is aging for sure, and this poses two big strategic challenges," said Donghyun Park, senior economist at the Asian Development Bank (ADB).
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