I am honoured to address you today on new growth strategies for developed economies as part of this symposium. Corporate governance is not just a question of ethics, of management or even of profitability – it’s much more important than that. Fundamentally, good corporate governance is critical to unlock investment, growth and jobs in Japan and other advanced economies.
After several false starts, recovery from the global financial crisis seems to be finally, if tentatively, taking hold. Helped by the fall in oil prices, the outlook has brightened in recent months. While there is still a long distance to travel, the Japanese economy is responding to bold, coordinated policy action. The three arrows of Abenomics are starting to bear fruit.
La dette publique brute atteint désormais 226 % du PIB. Le vieillissement rapide de la population exerce une pression constante sur les dépenses publiques et pèse sur la croissance potentielle du Japon, en repli aux alentours de 0.75 %.
It is a great pleasure to be back in Tokyo to present the OECD’s 2015 Economic Survey of Japan. When I launched the last survey two years ago, the three arrows of Abenomics – bold monetary policy, flexible fiscal policy and a reform-driven growth strategy – were still in their infancy.
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Japan is ranked 23rd among the 34 OECD member countries in decreasing order with a tax wedge of 31.9% for an average single worker in 2014 compared with the OECD average of 36.0%.
I am delighted to be at Tokyo University this afternoon for the launch of the Innovative Schools Network. As one of Asia’s foremost institutions of education, one which prides itself on moving forward the frontiers of human knowledge in the interests of society at large, Todai (Tokyo University) is the perfect setting for today’s event.
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Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
L'OCDE dans le monde
The OECD event "Risk Governance and Resilient Cities" will examine how risk governance can better manage complex risks and how to improve the resilience of cities to these risks.