Why does Sweden have such high fertility?

Due to decades of low fertility rates, many developed nations have aging, declining populations. A long-term fertility rate lower than replacement level (2.1 children per woman) means each generation is smaller than the last, precipitating unsustainable population decline. Most of Europe is affected by this phenomenon. However, Sweden has been able to maintain high fertility rates- above 1.8. This paper explains how Swedish public policies are largely responsible for the high fertility rate: Sweden offers a 'speed premium' that encourages couples to produce multiple children in short succession; they offer exceptionally generous maternal and paternal leave benefits; they offer excellent state-funded childcare services; and they offer all sorts of ancillary benefits to parents- sick child days, etc. Sweden's policies are incredibly woman-friendly because they don't except the mother to drop out of the workforce in order to receive benefits. In stark contrast, Germany's policies encourage women to leave the workforce to receive benefits, explaining Germany's failure to boost its low fertility rate. Sweden's policies offer a potential solution to population aging.