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Strengthening the Integration of Japan in the World Economy to Benefit more Fully from Globalisation, Randall S. Jones and Taesik Yoon = Renforcer l'intégration du Japon dans l'économie mondiale afin de profiter plus pleinement de la mondialisation / Randall S. Jones et Taesik Yoon

Label
Strengthening the Integration of Japan in the World Economy to Benefit more Fully from Globalisation, Randall S. Jones and Taesik Yoon = Renforcer l'intégration du Japon dans l'économie mondiale afin de profiter plus pleinement de la mondialisation / Randall S. Jones et Taesik Yoon
Language
eng
Abstract
Globalisation through international trade, foreign direct investment (FDI) and international movements of labour is a key force driving economic growth. However, Japan is an outlier among OECD countries, with the lowest levels of import penetration, stock of inward FDI relative to GDP and foreign workers as a share of employment, reflecting the legacy of policies during its post-war development. Policy reforms would help Japan make greater use of goods, services, capital, technology and human resources from abroad. Given the close links among trade, investment and labour flows, it is important to pursue a comprehensive approach, including; i) reducing barriers to FDI and imports, particularly in agriculture, through multilateral trade negotiations and regional trade agreements; ii) relaxing product market regulations, notably in the service sector; iii) fully opening the M&A market to foreign firms; and iv) easing controls on the inflow of foreign workers, including those in non-technical occupations. This Working Paper relates to the 2006 Economic Survey of Japan (www.oecd.org/eco/surveys/japan)
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Strengthening the Integration of Japan in the World Economy to Benefit more Fully from Globalisation
Medium
electronic resource
Nature of contents
dictionaries
Responsibility statement
Randall S. Jones and Taesik Yoon = Renforcer l'intégration du Japon dans l'économie mondiale afin de profiter plus pleinement de la mondialisation / Randall S. Jones et Taesik Yoon
Series statement
OECD Economics Department Working Papers,, no.526, 18151973
resource.variantTitle
Renforcer l'intégration du Japon dans l'économie mondiale afin de profiter plus pleinement de la mondialisation
Classification
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