Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.
The Secretary-General met with Prime Minister Shinzo Abe as well as several Ministers and high-level authorities of Japan. He spoke at a number of events and also presented the OECD Territorial Review of Japan and the publication Japan: Boosting Growth and Well-being in an Ageing Society.
On the occasion of the 5th anniversary of 2011 Great East Japan Earthquake and tsunami, OECD Secretary-General, Angel Gurría, shared his sustained support for the victims and their families.
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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This 4-page online document presents the key findings from OECD Pensions at a Glance 2015 and why it is important for Japan. It also identifies two key pension policy measures which would help improve the performance of pension systems in Japan
On 29-30 September 2015, the E-Leaders meeting will discuss how the Public Sector can make better use of public sector intelligence for policymaking and implementation, by better exploiting digital technologies and data, by embedding data use throughout the policy cycle, and by putting in place governance arrangements to ensure responsible and coherent use of data that benefits citizens and strengthens public trust?
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.
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.
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.
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.