Japan's 15-year-olds perform well in PISA global academic survey

Dec 6, 2016

Japan's 15-year-olds perform well in PISA global academic survey

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Japanese 15-year-olds continued to rank high among their international peers in science and mathematics, according to a global academic assessment released Tuesday by the Organisation for Economic Co-operation and Development. In the latest Programme for International Student Assessment, or PISA, conducted in 2015, Japanese ...

Nov 29, 2016

Export gains to help Japan reach 1% GDP growth in 2017, says OECD

Japan’s economy will grow 1 percent next year before slowing to a 0.8 percent expansion in 2018, the Organization for Economic Co-operation and Development said in its latest global economic outlook. A rebound in international trade will help drive Japan’s export growth higher over ...

OECD cuts world growth outlook amid weak advanced economies

Sep 21, 2016

OECD cuts world growth outlook amid weak advanced economies

The Organisation for Economic Cooperation and Development on Wednesday cut its global economic outlook for 2016, as growth remains subdued in the United States, Europe and Japan amid sluggish trade activity. The OECD now expects the global economy to expand 2.9 percent this year, ...

Sep 15, 2016

Japan ranks second-lowest in education spending among OECD countries

Japan’s public spending on education ranked the second-lowest among 33 comparable countries, a report for 2013 by the Organisation for Economic Co-operation and Development found. Narrowly avoiding a repeat of 2012 when it placed last, the report, released Thursday, found the nation’s ratio of ...

Jul 7, 2016

9.5% of all young people in Japan not working or studying: OECD

Youth not in education, employment or training accounted for 9.5 percent of all young people in Japan last year, below the global average of 14.6 percent, the Organisation for Economic Co-operation and Development said Thursday. The figure for Japan was the seventh-lowest among the ...

Apr 27, 2016

OECD schedules talks in Kyoto on global tax avoidance

The Organisation for Economic Co-operation and Development will hold a meeting in Kyoto in late June to address tax avoidance, government officials said Wednesday. The meeting will come on the heels of the so-called Panama Papers scandal, which cast a spotlight on tax avoidance ...

Apr 13, 2016

OECD chief calls for consumption tax of 'at least 15%'

The chief of the Organisation for Economic Cooperation and Development suggested Wednesday that Japan raise the consumption tax from the current 8 percent to “at least 15 percent” at some point in the future. Speaking after a meeting in Tokyo with Prime Minister Shinzo ...