Jul 19, 2014

A better goal for Japan's economy

The chief economist for the OECD, Rintaro Tamaki, observes that the aim of Japanese economic policy is still mainly about strengthening growth, while European policy focuses on reducing inequality. Apparently you can't have both.

Tohoku teens plan thank-you festival in Paris

Jul 11, 2014

Tohoku teens plan thank-you festival in Paris

by Masaaki Kameda

Some 80 Tohoku teenagers in an OECD-supported educational project will hold a cultural festival in Paris in August to express gratitude to those who supported the region’s recovery, student representatives said Friday. At an education ministry press conference in Tokyo, three students who outlined ...

Jun 26, 2014

Japanese teachers work longest hours among OECD members

Japanese teachers work an average of 53.9 hours per week, the highest figure among the OECD’s 34 member countries. The figure for Japan was well above the average of 38.3 hours among OECD members, according to the Teaching and Learning International Survey, which Japan ...

Second European team missing in east Ukraine

May 30, 2014

Second European team missing in east Ukraine

A second team of European monitors was reported missing in restive eastern Ukraine on Friday despite army claims it had regained control over much of the separatist rust belt. The United States meanwhile voiced growing concern over the sudden appearance of fighters from Russia’s ...

Abe says OECD should promote fair international trade rules

May 6, 2014

Abe says OECD should promote fair international trade rules

Prime Minister Shinzo Abe on Tuesday called on the Organisation for Economic Cooperation and Development to play a key role in promoting fair international trade rules, stressing the importance of creating a new economic order based on healthy competition. Japan will accelerate efforts to ...

OECD warns Japan's economy may suffer inflation without wage growth

May 6, 2014

OECD warns Japan's economy may suffer inflation without wage growth

Japan’s economy may face a slowdown if inflation goes up without wage expansion, the Organization for Economic Cooperation and Development warned Tuesday, cutting its projections for the country’s economic growth in 2014. The Paris-based club of 34 advanced nations said in its biannual report ...

May 1, 2014

Beyond the OECD challenge

As Japan celebrates 50 years of membership in the Organization for Economic Cooperation and Development, which has seen Japan rise to one of the world's largest economies, the nation needs to respond to some tough challenges of its own.

Apr 12, 2014

Sun, sand, summit: Abe plans euro-tour

Prime Minister Shinzo Abe will visit six European countries between April 29 and May 8, government officials said. During the tour, Abe will meet with European leaders to discuss mainly the situation in Ukraine and measures to bolster Japan’s cooperation with the region, the ...

Apr 9, 2014

ODA spending up 11.1% in 2013

Japan disbursed $11.786 billion in real terms under its official development assistance program in 2013, up 11.1 percent from the year before, according to data released Tuesday by the Organization for Economic Cooperation and Development. Japan’s net ODA amount with repaid yen loans deducted ...

Apr 1, 2014

Japanese students rank third in creative problem-solving

Japanese students ranked third in creative problem-solving in a global academic achievement survey for 2012, the OECD said Tuesday. They scored an average of 552 points in the assessment area in the triennial Program for International Student Assessment, or PISA. A total of 44 ...

Mar 12, 2014

OECD says growth in advanced economies is gaining momentum

Economic growth is gaining momentum in the United States, Europe and other advanced countries despite temporary setbacks, the OECD said Tuesday. Smaller government spending cuts and fewer tax increases this year should boost growth in most developed countries, according to the international organization. Households ...