Why the baby business is booming

The business of surrogacy is growing fast, as fertility rates fall and demand from gay parents rises. This global trade has a dark underbelly, and needs policing. 00:51 America: putting a price on family 05:32 What’s driving demand? 07:52 How did surrogacy become a global trade? 11:30 Surrogacy’s dark underbelly 16:49 How can surrogacy be better regulated? 21:10 What’s in the child’s best interest? Sign up to The Economist’s daily newsletter: Read our full quarterly report on fertility: The fertility sector is booming: Surrogacy reform is spreading in the rich world: Watch more of our Now & Next series OR Listen to our podcast about Britain’s proposed surrogacy law reforms: Watch our film about whether it’s worth having kids: