OECD upgrades Japan's growth outlook for 2015, 2016

Mar 19, 2015

OECD upgrades Japan's growth outlook for 2015, 2016

The Organization for Economic Cooperation and Development on Wednesday upgraded its growth outlook for the economy for 2015 and 2016, aided by lower oil prices that are expected to boost global demand. In its interim economic assessment report, the Paris-based organization said Japan’s economy ...

Feb 10, 2015

OECD urges Japan to reduce farming subsidies, boost female workforce

The Organization for Economic Cooperation and Development on Monday called on Japan to “reduce producer support to agriculture” and boost the number of women in the nation’s labor force. In its “Going for Growth” report for 2015, the OECD said public support accounts for ...

Jan 19, 2015

Japanese companies doing more firing than hiring: OECD

More than half of Japanese who are laid off will still be out of work a year later, according to a report released Monday that also says companies must be more flexible if the economy is to improve. The findings come as Prime Minister ...

OECD downgrades growth forecast for Japan amid recession

Nov 26, 2014

OECD downgrades growth forecast for Japan amid recession

The OECD has downgraded its projections for Japan’s economic growth in 2014 and 2015, acknowledging that the country has slipped back into recession in the wake of the April 1 consumption tax hike. The international economic organization said in a report released Tuesday that ...

OECD chief tells Japan to go for second stage of sale tax hike

Oct 12, 2014

OECD chief tells Japan to go for second stage of sale tax hike

The Japanese government should decisively raise the consumption tax rate to 10 percent in October 2015 as planned to tackle its massive debts, Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, said. “When you have such a very large debt to ...

Oct 11, 2014

Who's benefited over 200 years?

The Organization for Economic Cooperation and Development reports how the world's population is better off than it was 200 years ago but adds that human progress is still undermined by disparities.

OECD backs second tax hike, more easy money from BOJ

Sep 22, 2014

OECD backs second tax hike, more easy money from BOJ

Japan should raise the consumption tax again next year despite wobbles in the economy caused by the first rise, and the central bank should cushion the blow with more easy money, the OECD said Monday. The Bank of Japan must do more “beyond 2015″ ...

Sep 15, 2014

OECD cuts growth outlook for G-7, worried about eurozone

The OECD on Monday cut its economic outlook for the Group of Seven nations in 2014, including Japan, while expecting a moderate expansion to continue in most of the major economies. In its interim economic assessment report, the Paris-based organization also said the “most ...

Abe recommits to 'womenomics'

Sep 12, 2014

Abe recommits to 'womenomics'

by Masaaki Kameda

At an international conference focusing on women, Prime Minister Shinzo Abe on Friday renewed his pledge to promote the status of women in society. Speaking to an audience of about 1,000 people attending the World Assembly for Women in Tokyo, Abe vowed to address ...

Sep 10, 2014

U.S. falls behind in college competition, OECD says

The United States has slipped behind many other countries in college completion and “educational mobility,” with fewer young Americans getting more education than their parents, according to the Organization for Economic Cooperation and Development’s “Education at a Glance” report. U.S. college graduation rates rank ...