The 2014 edition of National Accounts of OECD Countries, General Government Accounts is an annual publication, dedicated to government finance which is based on the System of National Accounts 2008 (SNA 2008) for all countries except Chile, Japan, Korea and Turkey (SNA 1993). It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonised international classification, COFOG. These detailed accounts are available for the general government sector. Data also cover the following sub-sectors, according to availability: central government, state government, local government and social security funds.
The data in this publication are also available on line via www.oecd-ilibrary.org under the title OECD National Accounts Statistics, General Government Accounts (http://dx.doi.org/10.1787/na-gga-data-en).
OECD Corporate Governance Working Paper No.17. This report examines the influence of institutional shareholders and their activities towards good corporate governance, the historical changes to practices within shareholder meetings and the role that institutional shareholders have played in the improvement of corporate governance within Japanese listed companies.
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Japan stands out as one of the advanced economies that weathered the global financial and economic crisis best. The employment rate of the working-age population was already 4.4 percentage points (ppts) above the OECD average on the eve of the crisis and this advantage had increased to 7.1 ppts by 2014 Q4 (73.0% in Japan versus 65.9% for the OECD area).
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
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To achieve greater gender equality in employment and more inclusive growth, Japan needs to change the workplace culture and ensure that the tax and social security systems do not reduce work incentives for second earners in households.
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The Japanese economy has for many years been characterised by a low corporate return on equity. Increasing returns requires better corporate governance that improves investment and the use of corporate resources, including cash holdings.
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Japan has the potential to grow its agricultural sector, including by producing high-value products that reflect the country’s growing reputation for sophisticated, healthy, and high-quality food. To assure the long-term health of Japan’s food and agriculture system, it is critical to increase its capacity to respond to market demands.
The rise in Internet usage among young people has seen a corresponding increase in international concern regarding their online safety. In line with the Recommendation on the Protection of Children Online, the Japanese government has initiated efforts to develop improved indicators to measure Internet literacy among youth.
Mr. Gurría presented the 2015 OECD Economic Survey of Japan, held several meetings including with the Prime Minister, took part in the launch event for the Education 2030 project and delivered a keynote speech at the International Symposium on Corporate Governance and Japan’s Growth Strategy.
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.