Economy


  • 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.
  • 12-April-2018

    English

    OECD-Keidanren-BIAC-JCER Joint Seminar on “The Digital Economy”

    It is a pleasure to be with you today at what is now a regular and highly valued dialogue between the OECD and the Japanese business community.

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  • 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. 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.
  • 13-April-2017

    English

    Presentation of the 2017 Economic Survey of Japan

    It is a great pleasure to be back in Tokyo to present the OECD’s 2017 Economic Survey of Japan. Let me thank the Japanese Government, in particular the Cabinet Office, for their support in the preparation of this Survey.

  • 13-April-2017

    English

    Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges

    The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.

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  • 13-April-2017

    English

    Economic Survey of Japan 2017

    While growth has picked up, more needs to be done for Japan to overcome a record high government debt ratio and an accelerating decline in its working-age population.

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  • 29-November-2016

    English

    Revenue Statistics in Asian Countries 2016 - Trends in Indonesia, Japan, Korea, Malaysia, the Philippines and Singapore

    This publication compiles comparable tax revenue statistics for Indonesia, Japan, Korea, Malaysia, the Philippines and Singapore. The model is the OECD Revenue Statistics database – 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. This work has been is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre.
  • 1-June-2016

    English

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