Economy


  • 1-June-2016

    English

  • 13-April-2016

    English

    Remarks at Tokyo experts meeting on international finance and the global economy ahead of the G7 Summit

    Prime Minister, Ministers, thank you for the invitation to share with you our thinking on the global economic outlook and the challenges ahead.

  • 11-April-2016

    English

    Japan: Boosting Growth and Well-being in an Ageing Society

    With 25 years of sluggish economic growth, Japan’s per capita income has fallen from a level matching the average of the top half of OECD countries in the early 1990s to 14% below that today. Weak growth, together with rapid population ageing, has driven public debt into uncharted territory. Revitalising growth is thus the top priority for the Japanese government. With the labour force shrinking more rapidly than the population, per capita output can only grow through improvements in labour productivity and labour force participation. Japan’s highly-skilled labour force and its technological leadership can help close the gap with leading OECD countries in per capita income. But broad-based structural reforms, as envisaged in the third arrow of Abenomics, are needed to allow these strengths to fully achieve their potential. The initial impact of Abenomics in 2013 was impressive, and the reform process needs to continue.

  • 1-April-2016

    English

    National Accounts of OECD Countries, General Government Accounts 2015

    The 2015 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 and http://dx.doi.org/10.1787/na-gga08-data-en).

  • 18-February-2016

    English

    Elusive global growth outlook requires urgent policy response

    Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.

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  • 15-September-2015

    English

    Achieving fiscal consolidation while promoting social cohesion in Japan

    With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability.

  • 15-September-2015

    English

    Enhancing dynamism and innovation in Japan's business sector

    Innovation is key to boosting economic growth in the face of a rapidly ageing population. While Japan spends heavily on education and R&D, appropriate framework conditions are essential to increase the return on such investments by strengthening competition, both domestic and international, and improving resource allocation.

  • 15-April-2015

    English

    Economic Survey of Japan 2015 OECD対日審査報告書2015年版

    Gross government debt has risen to 226% of GDP. Rapid population ageing is putting continued pressure on public spending, while pushing down Japan’s potential growth rate to around ¾ per cent. Bold reforms are needed to revitalise the economy.

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  • 15-April-2015

    English

    Abenomics’ ‘third arrow’ key to revitalising Japan’s economy

    The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.

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  • 18-March-2015

    English

    Low oil prices and monetary easing triggering modest acceleration of global recovery

    Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.

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