That's horrifying. But I don't think it's accurate to put the blame entirely on perverse incentives re monetary damages. To an extent, those same incentives exist here.
What else could be in play? Perhaps cultures that don't particularly respect life or children, and cultures that are not particularly religious? In less civilized parts of the world, particularly with high population densities, child labor, child prostitution, and even child killing is widely accepted. Another reason why relatively unrestricted abortion rights are a stain on our society.