We’re a long way past any effects of the post war baby boom.
This is not correct. In most of Europe the baby boom did not follow immediately after World War II, but came a long while after because of post-war austerity. In many European countries the baby boom starts midway through the 1950s and then extends through the 1960s. Nearly all of these people are still alive, though lots of them are already in or approaching retirement. They need a working population coming along behind them to keep them in the style to which they are accustomed.
In Russia and more so in Ukraine, a proportion of the limited number of men (and sometimes women) who might be starting a family will be killed or disabled, so this war perpetuates the existing population deficit for another generation.
Before the war started both Russia and Ukraine already had significant problems with low fertility rates and declining populations. These go back more than 30 years.
In general, birth rates in Western countries have been falling for decades.
This applies to large parts of Asia too, where there are some very very low fertility rates, especially South Korea. The only continent where population is still rising rapidly is Africa.
Falling birthrates are, in the long term, a good thing.
Be careful what you wish for. Fertility rates are already dangerously low in many countries, and, if not addressed, will lead to rapidly declining populations. Russia and Ukraine are examples of that already happening. Global population is only rising because of what is happening in Africa, and it is only in Africa where reducing fertility rates is important. Once fertility rates in Africa decline, and the baby boomers die off, global population will go into decline. That will be some time in the later half of this century.
That said, there is probably a lot that could be done to even out population distribution in geographic terms: there are enough people in the global South to more than make up for declining population in more Northern countries.
In the meantime, migration, especially from Africa, would help to smooth the geographic and age distributions. However this works much better for multicultural societies than for monocultural societies.