The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on 8 July 2019 to attend the EU Employment and Social Policy Council meeting, where he will present the OECD report on the Economy of Well-Being.

Capacity Utilization in Japan decreased to 95.10 points in December from 95.50 points in November of 2019. Capacity Utilization in Japan averaged 110.70 points from 1968 until 2019, reaching an all time high of 136.10 points in November of 1968 and a record low of 68.60 points in February of 2009. In Japan, capacity utilization is the quantity of production divided by the quantity of production capacity, expressing the state of operations for various facilities in the manufacturing industry. It does not measure the absolute level of capacity utilization but the relative capacity utilization rate compared with the benchmark year. This page provides the latest reported value for - Japan Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports to Japan in Turkey decreased to 35.67 USD Million in March from 40.92 USD Million in February of 2020. Exports to Japan in Turkey averaged 34.31 USD Million from 2014 until 2020, reaching an all time high of 72.73 USD Million in December of 2019 and a record low of 18.84 USD Million in August of 2014. This page includes a chart with historical data for Turkey Exports to Japan.

Exports to Jordan in Turkey increased to 53651.70 USD THO in March from 46906.99 USD THO in February of 2020. Exports to Jordan in Turkey averaged 62706.66 USD THO from 2014 until 2020, reaching an all time high of 121704 USD THO in September of 2015 and a record low of 36495 USD THO in August of 2014. This page includes a chart with historical data for Turkey Exports to Jordan.

Exports to Azerbaijan in Turkey increased to 133.15 USD Million in March from 127.89 USD Million in February of 2020. Exports to Azerbaijan in Turkey averaged 143.18 USD Million from 2014 until 2020, reaching an all time high of 304.39 USD Million in December of 2014 and a record low of 44.75 USD Million in January of 2016. This page includes a chart with historical data for Turkey Exports to Azerbaijan.

Imports from Japan in Turkey increased to 317.76 USD Million in March from 256.71 USD Million in February of 2020. Imports from Japan in Turkey averaged 311.45 USD Million from 2014 until 2020, reaching an all time high of 443.57 USD Million in December of 2017 and a record low of 189.41 USD Million in February of 2015. This page includes a chart with historical data for Turkey Imports from Japan.

India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

The Great East Japan Earthquake took a heavy toll of human lives and inflicted a massive economic damage, estimated at 3½ per cent of GDP. This event requires considerable time and a nation-wide effort of reconstruction. This is the first component of Prime Minister Noda’s “Strategies to Revitalise Japan”, which we very much welcome and support, said OECD Secretary-General.

The global economy is recovering, but confidence is extremely uneven across different regions, according to the OECD’s latest Economic Outlook. European governments must take greater action to ensure that the crisis in the euro area does not derail the recovery.

The Jobs Potential of a Shift towards a low-carbon Economy” provides an in-depth analysis of how green growth will reshape labour markets. It also describes the role that labour market and skill policies can play in maximising the benefits of economic greening for workers

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.

France has avoided the most severe impacts of the global economic crisis and turmoil in the euro area, but must now take action to boost competitiveness and create jobs, according to the OECD’s latest Economic Survey of France.

The Slovak Republic is one of the most dynamic economies in the euro area. The country has continued to converge rapidly towards the living standards of advanced OECD economies. However, the Slovak Republic should continue on its path of reform to achieve balanced, fair and sustainable growth, according to a new OECD report.

Japan is poised for an economic expansion, but long-term growth prospects remain contingent on additional efforts to revitalise the economy and reduce unsustainable levels of public debt, according to the OECD’s latest Economic Survey of Japan.

Technological advances, less costly shipping and trade liberalisation have transformed the way in which companies make products and distribute them worldwide. Governments that become more open to trade and investment, and encourage innovation will help firms better integrate the global value chains that are driving growth in increasingly interconnected economies, according to new OECD research.

The problems of Japanese agriculture – in particular low productivity and the prevalence of part-time farmers and small plots have been evident for the past 50 years.

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.

Judicial performance and its determinants: a cross-country perspective

This paper proposes a new set of public health and long-term care expenditure projections until 2060, seven years after a first set of projections was published by the OECD. It disentangles health from long-term care expenditure, as well as the demographic from the non-demographic drivers, and refines the previous methodology, in particular by extending the country coverage.

This paper provides new projections of public spending on health and long-term care for OECD countries and the BRIICS countries (Brazil, Russia, India, Indonesia, China and South Africa). Despite the inevitable uncertainty surrounding projections, they suggest a rapidly rising trend over the next 50 years.

Belgium has a good record in delivering accessible care, but adaptation to population ageing will be complicated by the fragmentation of responsibilities in the healthcare system and a strong reliance on government regulations.

The 2011 disaster and nuclear problems opened the door to a new energy policy, as they raised fundamental questions about the electricity system’s ability to prevent and respond to accidents.

La OCDE acoge el plan de Chile para mejorar la metodología de cálculo de su Índice de Precios al Consumidor (IPC).

Combining existing information with a newly collected dataset, the paper develops indicators of the performance and the institutional characteristics of OECD judicial systems.

Ireland’s economy is now showing encouraging signs of recovery from the financial crisis, but more must be done to reinvigorate growth and create the jobs that will get the country back to full health, according to the OECD.

Young firms play a crucial role in job creation but have missed out on many of the benefits of structural reforms of the past decade in OECD countries.

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.

Improving France’s competitiveness is essential to boost the economic growth needed to create jobs and allow citizens and businesses to develop their full potential, according to a new OECD report.

Irish youth was hit hard by the crisis. New labour-market policy initiatives have been introduced recently, but more will be needed to limit scarring effects and keep youth connected so that they can get back to work as soon as the recovery strengthens.

The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum.

The OECD’s latest Economic Survey of Hungary, to be published on Monday 27 January 2014, assesses the country’s exit from recession as well as steps that can be taken to boost its growth potential.

Over the next 50 years, the world economic landscape will be shaped, among other things, by demographic developments, continuing trade and investment integration, a shift of gravity towards emerging economies, the rising role of knowledge-based capital, global environmental pressures and the correction of fiscal and current account imbalances.

After five years of work at every level to correct the fiscal, financial and external imbalances that led to the crisis, and to reinforce fiscal and financial institutions, the Euro Area is beginning to show signs of recovery. But, despite these positive signs, growth is still weak and uneven.

The Czech economy is finally coming out of a prolonged recession but must take further steps to speed up income convergence towards the euro area countries, according to the OECD’s latest Economic Survey of the Czech Republic.

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.

Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour.

This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective well-being reflected in the OECD Better Life Framework impact subjective well-being.

Despite large and growing investments in knowledge and innovation, productivity growth in many countries has slowed in recent years. At the same time, the urgent need for more rapid innovation (including its uptake and diffusion) in several key areas, such as in environment. This joint OECD-NBER workshop on 25-26 September 2014 will bring together academic experts to consider these challenges.

Statement made by the Secretary-General during session 1 of the Leader's Summit in Brisbane.

Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 6 to 9 January 2015 on an official visit, to present the OECD 2015 Economic Survey of Mexico alongside Mr. Luis Videgaray, Minister of Finance of Mexico.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

The Secretary-General of the OECD was in Tallinn on 28 January to launch the Economic Survey of Estonia 2015.

Changes to Italy’s political and institutional systems are crucial to ensuring the success of ambitious reforms currently underway to boost economic growth and raise living standards, according to a new OECD report.

The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey.

Recent episodes of large exchange rate movements, such as for Japan or the United Kingdom, have typically not been associated with large changes in trade balances and despite the polarisation of international investment positions large currency fluctuations during the global crisis of 2008-09 did not cause significant financial dislocations.

France has begun implementing a series of important pro-growth structural policy measures, but boosting medium-term growth will require more ambitious action to reform the labour market, curb high levels of public spending and taxation and create jobs, according to the latest OECD Economic Survey of France.

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.

South Africa has made impressive social progress over the past two decades, lifting millions of people out of poverty and broadening access to essential services like water, electricity and sanitation.