The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.
Since 1999, the Japanese government has introduced a number of measures to enhance regulatory quality and to promote regulatory reform, competition policy and market openness.
Regulatory reform is at the heart of Japan’s strategy for economic recovery and long-term growth.
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Government concerns about high electricity prices, the highest in the OECD, have led to reforms of the sector of which the introduction of competition is seen as a key measure.
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Japan is one of the few countries to have introduced competition in the 1980s, along with the United States and the United Kingdom. Since market liberalisation began in 1985, Japan has introduced many liberalisation measures to encourage fair com...
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Does the national regulatory system allow foreign and domestic enterprises to take full advantage of competitive global markets? Reducing regulatory barriers to trade and investment enables countries in an expanding global economy to benefit more...