The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.
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Japan should step up efforts to improve young people’s job prospects and reduce the share of 15-29 year-olds who are not in employment, education or training (the “NEETs”), according to a new OECD report.
The OECD has appointed Masamichi Kono as a Deputy Secretary-General. He will replace Rintaro Tamaki, who will be stepping down after six fruitful years in the post.
Over the past ten years economic growth in Asia has contributed to a reduction of poverty as well as fertility rates, and greater prosperity has contributed to gains in life expectancy. However, at present many workers still work in informal employment, frequently for long hours at little pay and without social protection coverage. A growing demand for social support, extending the coverage of social protection benefits and improving the job quality of workers will be among Asia’s major challenges in future. This report considers these challenges, providing policy examples from countries to illustrate good practice, including Bangladesh, Indonesia, Japan, Korea, Malaysia, Pakistan, Singapore and Viet Nam.
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To improve productivity and help address socio-economic challenges, such as ageing, Japan needs to strengthen its innovation performance.
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Between 1999 and 2014, the number of small and medium-sized enterprises (SMEs) in Japan dropped by 21% as a result of the retirement of ageing business owners and weak entrepreneurial intentions in the Japanese population.
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Facilitating female employment is particularly important given Japan’s shrinking and ageing population, which has already contributed to labour shortages.
Il ressort d’un nouveau rapport de l’OCDE que l’économie japonaise s’accélère et qu’elle crée des emplois. La dernière Étude économique de l'OCDE consacrée au Japon, présentée à Tokyo par le Secrétaire général de l’OCDE, M. Angel Gurría, constate que, depuis quelques années, le taux de croissance par habitant au Japon est comparable à celui des autres pays de l’OCDE, ce qui constitue une nette amélioration.
OECD Secretary-General was in Tokyo on 13-14 April 2017, on an official visit to Japan. During his visit, he presented the OECD Economic Survey of Japan 2017 and held hold bilateral meetings with several High Level Officials.