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This country note, extracted from the STI Scoreboard 2009, explores recent developments in matters relating to innovation, science, technology and globalisation in Japan.
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Japan spent 8.1% of GDP on health in 2006 (latest year available), less than the OECD average of 8.9%. Spending per person is lower than the OECD average. Growth in spending per person over the last decade was also lower.
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The rapidly developing Southeast Asia region is confronted with significant labour market challenges. This initiative aims to address the issues of employment and skills, especially through an interaction platform for members.
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30-September-2009
English
Japan’s health-care system should be improved by increasing its efficiency to limit costs, enhancing quality and reducing shortages. Moreover, universal coverage requires improving compliance in paying premiums.
30-September-2009
English
To achieve its targets to reduce greenhouse gas emissions in a cost-effective manner, Japan should create a mandatory and comprehensive emission trading system, supplemented if necessary, by carbon taxes.
30-September-2009
English
Japan has been hard-hit by the global financial crisis. Its main economic challenges include raising its growth potential, upgrading the financial sector, resolving its fiscal problem, reforming health care and improving climate change policies.
30-September-2009
English
As attention shifts to fiscal consolidation, sustaining output growth will depend increasingly on private domestic demand, requiring reforms, particularly in the labour market and the non-manufacturing sector.
30-September-2009
English
Japan needs a credible fiscal consolidation plan, including spending cuts and tax increases, to maintain confidence in its fiscal sustainability as gross public debt nears 200% of GDP in 2010.
30-September-2009
English
Emergency measures adopted in the wake of the global crisis should be phased out once a recovery is in place, while adopting reforms to address chronic problems in the financial sector and increase efficiency.
16-September-2009
English, , 186kb
The OECD Employment Outlook 2009 indicates that Japan has experienced sizeable job losses during the global economic downturn. In July, the unemployment rate reached a record high level of 5.7%, two percentage points higher than at the end of 2007.
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