Rintaro Tamaki ©OECD

One day I discovered a vast archive containing the work involved in attaining OECD membership.

©Yoriko Nakao/REUTERS

Inequality warning–

Income inequality and social divisions could worsen and become entrenched if governments don’t act quickly to boost support for the most vulnerable in society, an OECD report argues. Budget constraints in many countries pose challenges for tackling the social fallout of the crisis, with the public spending on disability, family and unemployment benefits–these rose early on in the crisis–feeling the pressure. Coverage of social protection programmes helped many people, but many others were left with little or no support. Governments should therefore consider any further expenditure cuts very carefully, the OECD argues, pointing out that the long-term commitment to restore public finances should not happen at the cost of widening inequalities and social gaps.

Japan's 50th anniversary at the OECD in covers


Development is at the heart of the OECD’s mission, and Japan has always been at the heart of the OECD’s development efforts.

It is essential for the OECD to strengthen its ties with East and Southeast Asia.

©Reuters

Trade has always been a pillar of the Japanese economy, but further integration into world markets would bolster long-term growth.

©David Rooney

To stay ahead among the most modern and productive industries in the world, Japan’s industries need more access to knowledge, technology, people and resources from outside the country.

Seiichiro Noboru ©Rights Reserved

Hearing that it is 50 years since Japan became a member of the OECD evokes deep emotions in me. During that time, I worked twice in the Permanent Delegation of Japan to the OECD, over a total of six and a half years, and the 50-year period following Japan’s accession was also a time of both development and stagnation for the Japanese economy. During the first 30 years, Japan learned a great deal from the OECD, and its economy developed considerably. During the last 20 years, with Japan drawing less from the OECD, the country stagnated. The OECD remains the most important international body associated with economic and social issues in general, and also the world’s biggest think tank, so both Japan and the wider world should be wise enough to make full use of it.

Kaori Miyamoto

Hi, my name is Kaori Miyamoto, and I work as a senior policy analyst in the Development Co-operation Directorate, currently doing research on policies to mobilise private investment for developing countries. I joined the OECD in 1998 from the World Bank in Washington, DC. This makes me the longest serving Japanese staff member, with 16 years under my belt.

Though I was born in Osaka, I grew up and lived in many countries, including the UK, the US, Sri Lanka and Thailand. I have worked in several countries in Africa too, so I am comfortable with the multicultural environment of the OECD. I also highly value the knowledge sharing and standard setting among developed countries in policy areas such as health, education, employment, tax, pension, gender, consumer issues and many more.

I believe that our countries as well as other global economies can learn from each other and improve their policies back home. In fact, I actually think that by facilitating an open and frank dialogue and co-operation among each other, the organisation not only helps improve people’s lives, but contributes to peace and stability. In other words, our work can promote well-being and hopefully prevent a major world war from breaking out again.

©David Rooney

Reconciling work and family commitments is a challenge in every country, but particularly for Japanese men and women. Much more so than in most other OECD countries, men and women have to choose between babies and bosses: men choose bosses, women less so, but on the whole there are very few babies and there is too little female employment. These shortcomings are increasingly coming to the fore and will have to be addressed.

©Brendan McDermid/Reuters

When the worst crisis in over 50 years struck OECD countries in 2008, people rightly asked why they had not been warned. After all, the information world is awash with economists, global traders and other experts watching the markets, and international organisations such as the OECD and the IMF are tasked with what is known as economic surveillance. Yet, as the former OECD chief economist, Klaus Schmidt-Hebbel, wrote in the OECD Observer (No 269 October 2008), Lehman Brothers’ collapse came as a shock to economists and market participants as well. How did they all get it so wrong?

©Yuya Shino/REUTERS

Expanding airport capacity in large metropolitan areas is difficult, and Japan is a case in point. Some 33 million people (26% of total) and 17 million (13% of total) live in Greater Tokyo and Greater Osaka respectively. According to some sources, Tokyo-Yokohama is the largest urban area in the world and Osaka-Kobe-Kyoto the 12th largest.

©Reuters

The Tax Justice Network claims that US$21-32 trillion are stashed offshore–the equivalent of the combined GDP of the US and Japan. That only concerns tax havens, and does not include tax evasion or other forms of tax avoidance. The OECD believes that this can be tackled in part through the systematic and periodic transmission of “bulk” taxpayer information collected by the source country to the country of residence concerning income from dividends, interest, royalties, salaries, pensions, and so on. This so-called automatic exchange of information seems to work: Denmark helped 440 of its citizens to remember their foreign income after the tax administration sent them a letter announcing that it received such information from abroad.

Carlos Ghosn, Nissan boss ©Reuters

Non-nationals are starting to make an impact in top Japanese firms. But will other firms take notice? Changes in education would help.

Angel Gurria ©Reuters

For a complete list of speeches and statements, including those in French and other languages, go to
www.oecd.org/about/secretary-general/publicationsdocuments/speeches

Kumiharu Shigehara

Japan and the OECD have worked hard to get to know each other over the last 50 years.

©Iain Masterton/Alamy

Japan’s development and influence have long been reflected in its architecture, and that influence is set to continue.

Yuko Sakurai is one of a new “global” generation of talented Japanese painters. Born in Tsuyama in 1970, Ms Sakurai has lived in North America and Europe, and is now based in Paris, France. Her warm, rich, virtually tactile paintings have won acclaim in several major cities, and were exhibited at the prestigious Venice Biennale in 2011. Ms Sakurai personifies a new, cool Japan and its enriching influence in an evolving global village. She describes some of her thoughts in this interview.

Workers ©Toshifumi Kitamura/AFP

Japan’s accession to the OECD was an event that marked Japan’s entry to the club of developed nations. In 1964, Japan was in the midst of high-speed economic growth, and the national policy was to catch up with and overtake the US and Europe. In October of that year, Tokyo hosted the first Olympic Games to take place in Asia, and four years later, in 1968, the country’s GNP passed West Germany’s and Japan became a major economic power second only to the US.

©David Rooney

Unique budgetary and demographic pressures, as well as the need to manage risk, will push Japan’s civil service to raise its game and adapt new ways in the years ahead.

©KPG_Payless. Under license from Shutterstock.com

Japan is one of the world’s most compelling success stories in education. But can it stay at the top? Yes, but new approaches will be needed.

Train ©Reuters

Some 50 years ago, Japan entered into the period of post-recovery after the Second World War, while consolidating its path for economic growth and making a comeback on the international scene. Japan’s accession to the OECD was symbolic in that respect. Another symbol was the Tokyo Olympic Games, which triggered a transformation of Japan’s international image, thanks to improvements in its physical infrastructure, transportation systems and services. A new expressway network had been built across Tokyo, the new Shinkansen high-speed “bullet” train now relayed Tokyo and Osaka in four hours, and television began broadcasting in colour.

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Japan may be on the cusp of a fresh wave of “cool entrepreneurship” that could turn the country’s creative industries into a new source of growth. 

Click to enlarge

While today Japan is one of the world’s largest and most advanced economies, a member of the G7 and the most developed country in Asia, in 1964 the picture was quite different.

©David Rooney

After two decades of sluggishness, a recovery could be under way. This time, it could be sustained.

Haguiwara Toru and Thorkil Kristensen, Memorandum of Understanding to join the OECD, signature of the Convention, in the OECD Observer No 6, October 1963, page 3 ©OECD

OECD membership crowned Japan’s efforts to reintegrate into the international community after the Second World War, while helping to turn the organisation into a global, rather than European, player. But the country’s accession had to be managed with great care, reflecting tensions of the time. 

©Ministry of Foreign Affairs, Japan

Japan gained OECD membership in 1964, the same year it hosted the summer Olympic Games in Tokyo. Its entry into the organisation is significant in three main ways. The first is historical: Japan’s joining the OECD, which followed the signing of the San Francisco Peace Treaty in 1954 and entering GATT in 1955, signalled its successful transformation into a fully industrialised economy. 

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