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This account reports on a project in progress that aims to obtain a comprehensive picture of contemporary fertility levels and trends in 27 low-fertility countries. Cohort analysis is applied to review the fertility experience of women born from the 1930s through the 1970s. This choice of dates ensures that not only completed fertility but also the fertility patterns of women in the midst of or near the onset of their reproductive period are examined. In most of the 27 countries, completed fertility of successive cohorts has been declining. It appears plausible that the trends discerned in the analysis will continue in the foreseeable future. For these trends to be reversed, women who are about to enter or who are in the midst of their reproductive periods would have to adopt fertility patterns markedly different from those of women born in the 1960s and 1970s.