IMHO this isn't necessary in developed economies as the replacement rate is already below 2. [0]
Instead of paying people in developed countries to have fewer children, as the population of these countries would already be in decline were it not for immigration, we should spend the sane money on women's education and contraceptives in developing countries. [1]
Personally, my biggest concern is that the largest population growth is occurring in regions with the lowest levels of food security. Any disruption to the food supply in these areas will lead to large loss of life and/or geopolitical strife.
[0] https://en.m.wikipedia.org/wiki/Sub-replacement_fertility
[1] http://www.earth-policy.org/data_highlights/2011/highlights1...