The issue is that you've got to match the financial compensation with the expectation of future income. I'm not aware of any intervention along these lines coming close.
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This is not intended to be a facetious suggestion: perhaps people's lives in the developed world are just too interesting?
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I think there's potentially a big difference between: "Would you like to have more children in the future?" "Would you like to have a newborn right now?" The first type of question invites people to think about an ideal world, rather than the present they are actually living.
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Could it be that the idea of more children is more attractive than the reality? Kind of like McDonalds: It feels like a great idea when you’ve had none, but you don’t feel like more after you’ve had some.
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I’ve always wondered: what does the 3rd child give you that the first two didn’t?
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I think it’s biological. Many women (and men) I’ve seen in the west start trying to conceive when their fertility is not at peak anymore (for cultural reasons I guess?), so they miss the chance.
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We emphasize education & career. Young adults are delaying having children until they have completed college, and many more wait to establish their careers. By that time, age is a factor, and multiple children may be seen as a *nice idea*, but boy would they interfere with work.
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Just a hypothesis. But having children later in life *is* a trend in developed nations, which allows time for other things to take first place.
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I think it’s less to do with the money and more about time. Even in the best countries most have to work ~40 hours a week, leaving very little time to invest in family. It all becomes work then, in the bad sense.
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