Planet Money

Shopping for parental benefits around the world

21 snips
Mar 1, 2024
Discover the stark differences in parental benefits around the globe. Explore how the U.S. contrasts with countries like Sweden and Singapore in supporting families. Learn about generous parental leave policies and the push for gender equality in caregiving. Delve into Estonia's unique incentives designed to boost birth rates. The episode raises critical questions about why some nations are willing to financially reward parenting while others make it so challenging. It’s a deep dive into economics and family life, revealing intriguing international dynamics.
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ANECDOTE

US Childcare Costs

  • Mary Childs, pregnant with her second child, explains the high costs of raising children in the US.
  • She explores countries offering better parental benefits and support.
INSIGHT

Singapore's Incentives

  • Singapore offers generous cash bonuses, parental leave, and subsidized childcare.
  • These incentives aim to address the country's declining birth rate.
INSIGHT

Singapore's Shifting Policy

  • Singapore initially discouraged having children due to limited resources and job concerns.
  • Economic growth and women's education led to naturally declining birth rates.
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