Frequency: Every 18 months
Electronic format: Acrobat PDF
This 2006 edition of OECD's periodic survey of Japan's economy opens with an assessment of recent economic performance and the economic outlook. It then moves on to analyse key challenges faced by Japan including ending deflation an sustaining soundness in the banking sector, fiscal consolidation, income inquality and social spending, upgrading the innovation system, and improving the environment for inflow of direct investment and workers.
Table of contents:
Executive Summary Assessment and Recommendations Chapter 1. Key challenges to sustaining Japanís improved economic performance -Japanís recent economic performance and outlook -Ensuring a definitive end to deflation under a new monetary policy framework -Achieving progress in fiscal consolidation over the medium term -Addressing rising income inequality and poverty -Boosting productivity growth by upgrading the innovation system -Strengthening the integration of Japan in the world economy to benefit more fully from globalisation -Conclusions -Annex 1.A1. Taking stock of structural reforms Chapter 2. Ensuring a definitive end to deflation and sustaining the soundness of the banking sector -The exit from quantitative easing -The new monetary policy framework -Sustaining the financial soundness of the banking sector -Conclusion Chapter 3. A strategy for fiscal consolidation -How much progress has Japan made in addressing its fiscal problem? -Looking ahead: the governmentís medium-term fiscal plan -Policies to contain spending -Policies to increase revenues -Policy options -Conclusion -Annex 3.A1. The integrated expenditure and revenue reform Chapter 4. Income inequality, poverty and social spending -Factors responsible for the rising level of inequality in market income in Japan -The impact of tax and social spending policies on income inequality Relative poverty -Conclusion -Annex 4.A1. The measurement of inequality and poverty -Annex 4.A2. The development of social spending in Japan Chapter 5. Upgrading Japanís innovation system to sustain economic growth -Major challenges facing the innovation system in Japan -Recent government initiatives to strengthen the national innovation system -Policies to upgrade the national innovation system -Conclusion -Annex 5.A1. International comparison of innovation performance Chapter 6. Strengthening the integration of Japan in the world economy to benefit more fully from globalisation -Improving the climate for FDI inflows in Japan -Accelerating international integration through trade -Liberalising the inflow of workers to Japan -Conclusion