OECD's 1972 Economic Survey of Japan examines recent economic trends, economic policy, short-term domestic prospects, the balance of payments and some medium-term issues including the need for a resource shift before drawing conclusions.

OECD's 1974 Economic Survey of Japan examines the problem of inflation, economic policy, the balance of payments and prospects and policy issues before drawing a series of conclusions.

OECD's 1973 Economic Survey of Japan examines the business upswing and the price rise; the balance of payments; economic policy and prospects; and the basic economic and social plan for 1973-1977 before drawing a series of conclusions.

OECD's 1975 Economic Survey of Japan examines striking features of the current recession, the stance of economic policy, some medium-term problems and prospects and policy issues.

OECD's 1979 Economic Survey of Japan examines recent economic trends, economic policies, sectoral financial flows, and short-term prospects before drawing a series of policy conclusions.

OECD's 1976 Economic Survey of Japan examines the main features of the current upswing, economic policies, some medium-term considerations concerning the public sector, and short-term prospects and policy issues.

OECD's 1977 Economic Survey of Japan examines the recent state of the economy, investment behaviour in the current recovery, the balance of payments, demand management policy and short-term prospects before coming to a series of policy conclusions.

Japan has navigated the dual shock of the pandemic and the energy crisis well. However, significant headwinds from weak global growth, geopolitical tensions and high inflation highlight the importance of enhancing the Japanese economy’s resilience to shocks. In a context of inflation, which has risen above target, and pressures from divergent monetary policy from peers, adjustments to monetary policy settings have commenced. Given high public debt, fiscal consolidation to rebuild fiscal buffers, underpinned by a credible medium-term fiscal framework to put the debt-to-GDP ratio on a clear downward path, is key. Longer-term sustainability also requires reducing greenhouse gas emissions in line with government targets, calling for green investment, innovation and carbon pricing. Reforms to improve the innovation framework and incentives for start-ups are key to boost productivity and address ageing pressures. Removing obstacles to the employment of women and older persons and making greater use of foreign workers are also essential to counter demographic headwinds. Strengthening the financial position of young people and policies to support families and children, such as improved parental leave, would help to reverse the downward trend in the fertility rate. SPECIAL FEATURE: ADDRESSING DEMOGRAPHIC HEADWINDS

OECD's 1978 Economic Survey of Italy examines domestic economic trends, balance of payments developments, economic policies and short term prospects before drawing a series of policy conclusions.

The book offers a concise account of modern Japanese economic history and the essence of postwar macroeconomic issues and policy. The nature of the Japanese corporation, labour relations and technological innovations are discussed, with three chapters devoted to Japan's international economic relations and trade surplus, service sector (including distribution, health and education) and with Japan's quality of life (relating to matters such as pollution and urbanisation).