Abenomics’ "third arrow" key to revitalising Japan’s economy

©Yuya Shino/REUTERS

Productivity increases can unlock growth in Japan, the latest OECD economic survey reports.

Labour productivity is surprisingly low–25% below leading OECD countries. The report urges reforms to boost innovation, labour mobility and women into the workforce. 

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©OECD Observer April 2015



Marking economic growth and social progress

Mobilising towards a new era of innovation

Closing the gender gap can boost the economy

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Economic data

GDP growth: +0.2% Q4 2019
Consumer price inflation: 1.7% March 2020
Trade (G20): -0.1% exp, -1.3% imp, Q4 2019
Unemployment: 5.6% March 2020
Sharp drop in OECD leading indicators point to darker outlook: Last update: 14 May 2020

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