OECD Economic Surveys - Japan : Volume 2008 Issue 4.

Description

This 2008 edition of OECD's periodic survey of the Japanese economy finds Japan experiencing the longest expansion in its post-war history. Moving forward, this survey examines some of Japan's key challenges including bringing an end to deflation, achieving progress on fiscal consolidation, reforming the tax system, enhancing the productivity of the services sector, and coping with population ageing dualism. Table of contents Basic statistics of Japan Executive summary Assessment and recommendations Chapter 1. Key challenges to sustaining the expansion in Japan Chapter 2. Bringing an end to deflation under the new monetary policy framework Chapter 3. Achieving progress on fiscal consolidation by controlling government expenditures Chapter 4. Reforming the tax system to promote fiscal sustainability and economic growth Chapter 5. Enhancing the productivity of the service sector in Japan Chapter 6. Reforming the labour market to cope with increasing dualism and population ageing