If you want to anticipate the future, follow the babies

(upbeat instrumental music) - [Presenter] Insight number one, follow the babies if you want to anticipate the future. You see, we're not witnessing a baby boom anymore but a baby drought. People are having fewer babies for many different kinds of reasons. Many families have moved from the small village to the city so they don't need as much labor for the family farm. Also, more babies survive so families don't have to give birth to 10 children hoping that five will survive. The role of women in society and in the economy has drastically changed, and they are not interested in having too many babies. They want to pursue their dreams in the labor market. Work and careers in general have become more important for most people. And you know what? The pandemic accelerates the strength of decline in (indistinct). When unemployment and uncertainty are high people postpone having babies. They may end up having the number of…