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Global economy is improving but Europe lags behind, says OECD

Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the OECD said in its latest Interim Economic Assessment.




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Pensions at a Glance 2013 - Highlights for Japan

The effective age of labour market exit in Japan is one of the highest in OECD. Retirement-income adequacy may be an issue for future cohorts of retirees...




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Japan: Half a century of OECD membership

Japan joined the OECD in 1964, the same year it hosted the summer Olympic Games in Tokyo. OECD membership signalled Japan’s successful transition into a fully industrialised economy, Foreign Minister Fumio Kishida writes on the 50th anniversary of his country’s accession.




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Japan: Advancing the third arrow for a resilient economy and inclusive growth

After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens.




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Ministerial Council Meeting 2014 Opening session - Remarks to Introduce Prime Minister Shinzo Abe

The OECD has now grown into an institution of truly global relevance. And Japan, which was the first Asian country to join the organisation, is now a world economic giant. It is a great honour to introduce the Chairman of the 2014 Ministerial Council Meeting, Prime Minister Shinzo Abe.




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Teaching and Learning International Survey (TALIS)- Country Note - Japan

Country notes highlight some key findings from TALIS 2013 for individual countries and economies




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

The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.




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Pensions at a Glance 2015: Highlights for Japan

This 4-page online document presents the key findings from OECD Pensions at a Glance 2015 and why it is important for Japan. It also identifies two key pension policy measures which would help improve the performance of pension systems in Japan




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Peer Review of the Japanese Shipbuilding Industry

Data from the Japanese government suggest there are currently over 1 000 shipyards in Japan. Some of these yards are privately owned individual enterprises, while others form part of larger private or public companies that operate multiple yards. Japan’s shipbuilders exist within a wider maritime cluster that provides crucial upstream and downstream products and services.




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Mr. Angel Gurría, Secretary-General of the OECD, at the G7 Summit in Ise-Shima on 26-27 May 2016

The Secretary-General attended the G7 Leaders’ Summit and spoke at the outreach sessions “Stability and Prosperity in Asia” and “2030 Agenda for Sustainable Development Goals”.




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High-Level OECD Mission to Meet Japanese Officials on Fighting Foreign Bribery

In December 2014, the OECD Working Group on Bribery in International Business Transactions agreed to send a High Level Mission to Japan due to longstanding serious concerns about Japan’s implementation of the OECD Anti-Bribery Convention.




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High-level OECD mission to meet Japanese officials on fighting foreign bribery

A high-level Working Group mission will visit Tokyo on 29-30 June 2016 and meet senior Japanese government officials.




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Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges

The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.




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OECD appoints Masamichi Kono as Deputy Secretary-General

The OECD has appointed Masamichi Kono as a Deputy Secretary-General. He will replace Rintaro Tamaki, who will be stepping down after six fruitful years in the post.




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OECD Science, Technology and Industry Scoreboard 2017 - Japan highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Research Fellowships and Conference Sponsorship

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.




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Further reforms in Japan needed to meet the challenges of population ageing and high public debt

The Japanese economy is undergoing the longest expansion in its post-war history, marked by strong job creation and business investment. Government policy must overcome the intertwined challenges posed by rapid population ageing and high government debt to ensure sustainable and inclusive growth for future generations, according to a new report from the OECD.




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Japan’s agro-food sector would benefit greatly from policies to boost innovation, entrepreneurship and sustainable resource use

Japan’s agriculture sector has traditionally been characterised by small-scale rice production, but has recently begun to respond to new market opportunities for higher value food products across a rapidly growing East Asia. Today, rice represents less than 20% of the value of agriculture production, and larger, more productive, and more profitable farm businesses now account for more than half of total agriculture output.




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OECD joins with Japan to fight financial crime by establishing new academy

OECD Secretary-General Angel Gurría and Japan’s Minister of Finance Taro Aso presided today over a signing ceremony to establish a new centre of the OECD International Academy for Tax Crime Investigation in Wako, Japan.




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South Africa Exports of Raw Hides Skins Leather & Furskins

Exports of Raw Hides Skins Leather & Furskins in South Africa decreased to 218.71 ZAR Million in March from 236.74 ZAR Million in February of 2020. Exports of Raw Hides Skins Leather & Furskins in South Africa averaged 323.27 ZAR Million from 2014 until 2020, reaching an all time high of 452.29 ZAR Million in February of 2015 and a record low of 162.35 ZAR Million in January of 2019. This page includes a chart with historical data for South Africa Exports of Raw Hides Skins Leather & Furskins.




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South Africa Exports to Ships/aircraft Stores

Exports to Ships/aircraft Stores CMLV in South Africa increased to 2709.92 ZAR Million in March from 1974.50 ZAR Million in February of 2020. Exports to Ships/aircraft Stores CMLV in South Africa averaged 3396.87 ZAR Million from 2014 until 2020, reaching an all time high of 9272.36 ZAR Million in December of 2015 and a record low of 279.65 ZAR Million in January of 2016. South Africa accounts for Exports to Ships/aircraft Stores using cumulative values for each year (CMLV). This page includes a chart with historical data for South Africa Exports to Ships/aircraft Stores.




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South Africa Exports to Ships & Aircrapft Stores (world Zone)

Exports to Ships & Aircrapft Stores (world Zone) in South Africa decreased to 735.41 ZAR Million in March from 833.73 ZAR Million in February of 2020. Exports to Ships & Aircrapft Stores (world Zone) in South Africa averaged 561.19 ZAR Million from 2014 until 2020, reaching an all time high of 2052.33 ZAR Million in May of 2015 and a record low of 94.50 ZAR Million in April of 2014. This page includes a chart with historical data for South Africa Exports to Ships & Aircrapft Stores (world Zone).




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South Africa Imports of Raw Hides Skins Leather & Furskins

Imports of Raw Hides Skins Leather & Furskins in South Africa decreased to 158.46 ZAR Million in March from 271.24 ZAR Million in February of 2020. Imports of Raw Hides Skins Leather & Furskins in South Africa averaged 328.80 ZAR Million from 2014 until 2020, reaching an all time high of 477.07 ZAR Million in October of 2018 and a record low of 158.46 ZAR Million in March of 2020. This page includes a chart with historical data for South Africa Imports of Raw Hides Skins Leather & Furskins.




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South Africa Imports: Machinery Mechanical & Electrical Appliances

Imports: Machinery Mechanical & Electrical Appliances in South Africa decreased to 18160.81 ZAR Million in March from 18707.38 ZAR Million in February of 2020. Imports: Machinery Mechanical & Electrical Applian in South Africa averaged 21974.09 ZAR Million from 2014 until 2020, reaching an all time high of 28234.18 ZAR Million in October of 2015 and a record low of 17037.78 ZAR Million in February of 2017. This page includes a chart with historical data for South Africa Imports of Machinery Mechanical & Electrical Appl.




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South Africa Imports - Machinery & Mechanical Appliances (Cmlv)

Imports - Machinery & Mechanical Appliances (Cmlv) in South Africa increased to 58464.29 ZAR Million in March from 40305.11 ZAR Million in February of 2020. Imports - Machinery & Mechanical Appliances (Cmlv) in South Africa averaged 139524.15 ZAR Million from 2014 until 2020, reaching an all time high of 281087.47 ZAR Million in December of 2019 and a record low of 20988.93 ZAR Million in January of 2017. South Africa accounts for Imports of Machinery & Mechanical Appliances using cumulative values for each year (CMLV). This page includes a chart with historical data for South Africa Imports of Machinery & Mechanical Appliances (cml.




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China Employed Persons

The number of employed persons in China decreased to 77471 Tens of Thousands in 2019 from 77586 Tens of Thousands in 2018. Employed Persons in China averaged 61160.46 Tens of Thousands from 1952 until 2019, reaching an all time high of 77640 Tens of Thousands in 2017 and a record low of 20729 Tens of Thousands in 1952. In China, employed persons refer to persons aged 16 and over, who performed some work for compensation or business gains for one hour or more during the reference period; or who had work units or sites but were temporarily not at work during the reference period. This page provides - China Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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MNI China Business Sentiment Indicator

The MNI China business sentiment index increased to 55.9 in December of 2016 from 53.1 in November. The reading pointed to the highest figure since August 2014, as output rose the most since September 2015 while Future Expectations Indicator went up to the highest in three months. "This is a positive end to a choppy year for the Chinese business environment," said Andy Wu, Senior Economist of MNI Indicators. Mni Business Sentiment in China averaged 57.59 from 2007 until 2016, reaching an all time high of 77.20 in May of 2010 and a record low of 38.70 in December of 2008. The MNI China Business Sentiment survey is a monthly poll of Chinese business executives at a mix of manufacturing and service sector companies listed on both the Shanghai and Shenzhen stock exchanges. The survey provides the first monthly snapshot of economic and business conditions, ahead of official data and other business confidence data in China. Respondents are asked their opinion on whether a particular business activity has increased, decreased remained the same compared with the previous month as well as their expectations for three months ahead. E.g. Is Production Higher/Same/Lower compared with a month ago? A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - China Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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OECD Review on the Labour Market Integration of Immigrants and their Children in Austria

Austria has a higher share of immigrants in the total working-age population than many other OECD countries. At the same time, the framework for integration policy is less developed than in a number of other OECD countries. These are among the main findings of this review.




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8th Annual Meeting of the OECD LEED Forum on Partnerships and Local Governance (Berlin, Germany)

The transition from education to work is not easy for many young people, particularly when it comes to finding sustainable employment with progression opportunities. Recently established national policies to support youth will be only effective if implemented in a coordinated way at local level.




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Austria’s green economy flourishing but could do even better, OECD says

Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.




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Pensions at a Glance 2013 - Highlights for Austria

Highlights for Austria from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.




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OECD Science, Technology and Industry Scoreboard 2017 - Austria highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Research Fellowships and Conference Sponsorship

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.




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Risks That Matter 2018 Country Highlights: Austria

Risks That Matter 2018 Country Highlights: Austria




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Austria: reforms will be necessary to uphold high well-being levels

Austria stands out for its high levels of economic and social well-being. Preserving these will require reforms to improve competition in the service sector, increase access to risk capital for firms of all sizes, encourage more women and migrants into the workforce and lengthen work lives to reflect the ageing population, according to a new OECD report.




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Highlights from the OECD Sovereign Borrowing Outlook N°4

OECD governments are facing unprecedented challenges in the markets for government securities as a result of continued strong borrowing amid a highly uncertain environment with growing concerns about the pace of recovery, surging borrowing costs, sovereign risk and contagion pressures. The fourth OECD Sovereign Borrowing Outlook provides estimates for 2011 and projections for 2012. Higher than anticipated gross borrowing needs of




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OECD/INFE High-level Principles on National Strategies for Financial Education

The OECD/INFE High level Principles on National Strategies for Financial Education provide international guidance to policy makers with a view to developing evidence-based, co-ordinated and tailored approaches to financial education, both in emerging markets and more advanced economies. G20 Leaders recognised the important role of financial education policies when they endorsed these Principles in 2012.




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High-level seminar on capital flow management and liberalisation: the role of international co-operation

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.




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Banking in a challenging environment: Business models, ethics and approaches towards risks

This article summarises discussions from a financial roundtable addressing concerns about structural flaws in the way banks operate and are being regulated and supervised in the wake of on-going banking sector problems involving financial fraud and banking scandals.




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G20-OECD High-level roundtable on institutional investors and long-term investment

Co-organised by the G20 Russian Presidency and the OECD, this roundtable focused on policy measures to address constraints in long-term investment. It was organised back-to-back with the 2013 OECD Forum and the OECD-Euromoney Infrastructure Summit.




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Banking, ethics and good principles

Whether you blame poor regulation, sloppy governance, greed or bad luck, banks were frontline culprits in causing the crisis. Governments have been working on reforms to fix the financial sector and improve governance, but a lot more work remains to be done. Some OECD principles can help.




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High-level Global Symposium on Financial Education: Promoting Long-term Savings and Investments

This event, co-organised by the OECD and the Korean authorities, explored policies and good practices for supporting long-term savings and investments through financial education and financial consumer protection.




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Institutional investors and ownership engagement

This article provides a framework for analysing the character and degree of ownership engagement by institutional investors. There are large differences in ownership engagement between different categories of institutional investors. There are also differences in ownership engagement within the same category of institutional investors such as hedge funds, investment funds, etc.




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High-level conference on global and European trends in financial education

Organised in Istanbul, this event focused on financial education across Europe and in Turkey, the role(s) of the private and not-for-profit sectors in financial education, financial literacy and innovation for young people and financial education for migrant workers and their families.




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2014 G20-OECD High-level roundtable on institutional investors and long-term investment

Singapore, 4 June 2014: This roundtable focused on how policymakers and investors can facilitate private sector infrastructure financing, as well as issues related to governance for institutional investors and the accounting treatment for long-term investment.




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The post-2015 agenda must steer a transformational shift towards sustainable development

As the Millennium Development Goals (MDGs) approach their expiry date, we must focus our efforts on ensuring a brighter, more inclusive and sustainable future for all. We face a plethora of common issues: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and ongoing illicit financial flows.




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Economic stagnation compounds demographic pressure on pension systems, says OECD

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.




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2015 G20-OECD High-level roundtable on institutional investors and long-term investment

Singapore, 28 May 2015: This roundtable will focus on key themes related to G20 work, including how policy makers and investors can facilitate private sector infrastructure financing, the development of infrastructure as an asset class, and issues relating to the regulation of long-term investment.




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China: Banking on a new international financial institution

In October 2014 China launched the Asian Infrastructure Investment Bank (AIIB), drawing wide international attention. Nearly 60 countries have joined the new international financial institution, including several OECD member and partner countries, though others have remained cautiously outside. What is the purpose of the new bank and what impact will it have? We asked Yide Qiao for his views.




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China signs cooperation agreements with OECD and joins OECD Development Centre

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.