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Japan


  • 15-April-2019

    English

    Launch of 2019 Economic Survey of Japan

    Japan’s current economic expansion, which began in December 2012, is now the longest in its post-war history; it is not, however, its fastest. We expect GDP to reach ¾ per cent this year and in 2020. The growth of output per capita has accelerated to a pace close to the OECD average and job creation has been robust. Persistent deflation has been replaced with positive, albeit low, inflation.

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  • 15-April-2019

    English

    OECD-BIAC Japan/Keidanren Working Lunch: 2019 Economic Survey of Japan and Japan’s G20 Presidency

    Let me begin with the context. The global expansion continues to lose momentum and world trade growth has slowed sharply. Trade tensions have clouded the outlook for firms and risk disrupting investment and global value chains.

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  • 15-April-2019

    English

    Further reforms in Japan needed to meet the challenges of population ageing and high public debt

    The Japanese economy is undergoing the longest expansion in its post-war history, marked by strong job creation and business investment. Government policy must overcome the intertwined challenges posed by rapid population ageing and high government debt to ensure sustainable and inclusive growth for future generations, according to a new report from the OECD.

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  • 12-April-2019

    English

    Mr. Angel Gurría, Secretary-General of the OECD, in Tokyo on 15-16 April 2019

    Mr. Angel Gurría, Secretary-General of the OECD, will be in Tokyo on 15-16 April 2019 on an Official visit to Japan, to present the OECD 2019 Economic Survey of Japan. During his visit, the Secretary-General will hold bilateral meetings with Prime Minister Abe, as well as several Ministers and other high-level Japanese officials.

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  • 18-April-2018

    English

    Japan: Promoting Inclusive Growth for an Ageing Society

    Japan has achieved a comparatively high level of well-being: skill levels are high, unemployment is low and life expectancy at birth is the highest in the OECD. Since its launch in 2013, Abenomics has had a positive effect on the economy, and per capita output growth has picked up. However, to achieve inclusive growth and greater well-being, Japan needs to address important challenges to foster fiscal sustainability, narrow the productivity gap with leading OECD countries and manage the demographic transition. A new fiscal plan going beyond achieving a primary surplus should lay out concrete measures to raise revenues and control spending. As Japan’s population ages, using all available talent in the labour market and achieving gender equality are key to overcome labour shortages. Boosting productivity, which has been stagnant, will require increasing returns from R&D, capitalising on the digital economy, fostering the dynamism of SMEs, and reducing barriers to foreign direct investment and trade to promote greater integration into global value chains. Japan’s education system is one of the top performers in the OECD, but there is scope to further invest in teachers and schools. Finally, further action to foster green growth and environmental quality as well as effectively leveraging upcoming international sports events, such as the Rugby World Cup 2019 and the Olympic and Paralympic Games 2020, would also boost local development and inclusive growth. The complementarity of reforms needed to achieve inclusive and sustainable growth in in an aging society makes a compelling case for a comprehensive approach.
  • 4-October-2017

    English

    Ensuring fiscal sustainability in Japan in the context of a shrinking and ageing population

    With gross government debt of 219% of GDP in 2016, Japan’s fiscal situation is in uncharted territory and puts the economy at risk.

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  • 28-September-2017

    English

    Boosting productivity for inclusive growth in Japan

    Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area

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  • 20-July-2017

    English

    Revenue Statistics in Asian Countries 2017 - Trends in Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore

    The Revenue Statistics in Asian Countries publication is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre, with the co-operation of the Asian Development Bank and with the financial support of the European Union. It compiles comparable tax revenue statistics for Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore. The model is the OECD Revenue Statistics database which is a fundamental reference, backed by a well-established methodology, for OECD member countries. Extending the OECD methodology to Asian countries enables comparisons about tax levels and tax structures on a consistent basis, both among Asian economies and between OECD and Asian economies.
  • 20-July-2017

    English

    Revenue Statistics in Asian Countries 2017 - Trends in Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore

    The Revenue Statistics in Asian Countries publication is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre, with the co-operation of the Asian Development Bank and with the financial support of the European Union. It compiles comparable tax revenue statistics for Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore. The model is the OECD Revenue Statistics database which is a fundamental reference, backed by a well-established methodology, for OECD member countries. Extending the OECD methodology to Asian countries enables comparisons about tax levels and tax structures on a consistent basis, both among Asian economies and between OECD and Asian economies.
  • 25-April-2017

    English

    Japan needs policies to boost productivity for inclusive growth

    Labour productivity in Japan is about a quarter below the average of the top half of OECD countries, which is surprising given Japan's outstanding performance in education and skills and high level of R&D spending.

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