World Bank: "Italy Must Accept Immigrants to Solve Low Birthrate Problem"
The World Bank (WB) stated that Italy needs to harness the potential of immigrants to address the issues of a declining labor force and aging population caused by low birth rates.
In its report titled 'Migrants, Refugees, and Society' released on the 25th (local time), the World Bank evaluated that Italy is responding poorly to the low birth rate crisis. Among the OECD member countries, Italy has the second-lowest birth rate after South Korea.
The World Bank said, "Currently, there are about 2.4 million girls under the age of 9 in Italy," adding, "To form a generation equal in size to their parents' generation, they would need to have 3.3 children each." It continued, "This is a significant increase from the current birth rate of 1.3, making it unlikely that Italy's population decline will reverse anytime soon."
Furthermore, the World Bank stated, "If the low birth rate trend continues, Italy's current population of 59 million will decrease to about 32 million by 2100, roughly half," and added, "To address aging and labor shortages, it is necessary to utilize the potential of immigrants."
Hot Picks Today
"Let's Buy Before It Sells Out Again": 'Cup Bingsu' Sells 1 Million Cups in Just 2 Weeks
- "Invested 95% in Hynix and Reached 10 Billion Won"... Japanese Investor's Proof Post Goes Viral
- High-Net-Worth Investors Increase Stock Holdings: "Samsung and SK hynix Are Basic, Now Searching for the Next Opportunity" [Investment Strategies of the Wealthy] ⑧
- "You Don't Need to Go to the Gym": The Best Exercises for Lowering Hypertension
- "My Wife Is Missing"... Woman in Her 50s Still Unaccounted for Nearly a Month After Climbing Bukhansan Mountain
It also noted, "Currently, the global number of migrants is 184 million," and added, "As the world is aging at an unprecedented rate, many countries are increasingly relying on migrants for long-term growth."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.