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The coming expansion will be driven by exports, and should increase business investment and employment and bring an end to deflation. While we are encouraged by these developments, it remains critically important for Japan to address extremely high and still rising levels of government debt and other challenges posed by its ageing population, said OECD Secretary-General.
Speaking at the Japan's House of Representatives, OECD Secretary-General said that Japan is one of the most active and proactive OECD members. He added that Japan has made remarkable contributions to the work of our Organisation and is playing a central role in key policy areas like science and technology, education, environment and investment.
Japan's key challenges are to achieve sustained growth and fiscal sustainability. The three-pronged strategy combining bold monetary policy, flexible fiscal policy and a growth strategy should be effectively implemented to realise these goals.
Japan is poised for an economic expansion, but long-term growth prospects remain contingent on additional efforts to revitalise the economy and reduce unsustainable levels of public debt, according to the OECD’s latest Economic Survey of Japan.
OECD Secretary-General will visit Japan on 22-24 April to launch the Economic Survey of Japan. During his stay in Tokyo, Mr. Gurría will also meet government officials and representatives from the business and labour communities amongst others.
The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for 2015 is now OPEN. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.
Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the OECD said in its latest Interim Economic Assessment.
English, PDF, 633kb
Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings. More specific data for Japan are available in this country note.
This second edition of Health at a Glance Asia/Pacific presents a set of key indicators of health status, the determinants of health, health care resources and utilisation, health care expenditure and financing and health care quality across 27 Asia/Pacific countries and economies.
On the occasion of his official visit to Tokyo, Angel Gurría will participate in a number of high-level international meetings, including as keynote speaker for the International Institute of Finance 30th Anniversary.