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.
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.
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.
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.
The OECD is represented outside of Paris by Centres in Berlin, Mexico City, Tokyo, and Washington. The Centres serve as regional contacts for the full range of OECD activities, from the sales of publications, to inquiries from the media, to liaison with governments, parliaments, business, labour and civil society. They help disseminate information regarding OECD activities, and serve to communicate priorities from member countries'
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.
This publication contains statistics on fisheries in OECD member countries (with the exception of Austria, Israel and Slovenia) and some non-member economies (Argentina, Colombia, Latvia, Chinese Taipei, Thailand) from 2006 to 2013. Data provided concern fishing fleet capacity, employment in fisheries, fish landings, aquaculture production, recreational fisheries, government financial transfers, and imports and exports of fish.
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This country note from Going for Growth 2015 for Japan identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
It was with immense sadness that I learned of the tragic execution of Kenji at the hands of the terrorists from Islamic State. We strongly condemn this terrible and odious act, as well as other killings carried out by ISIS.