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Meeting Japan’s intertwined challenges of population ageing and high government debt
With faster growth in the past six years, Japan’s real GDP growth in per capita terms has converged toward the OECD average and job creation has been strong. However, labour productivity and per capita income are well below leading OECD economies (Figure 1), while Japan faces challenges of rapid population ageing and high government debt. The 2019 OECD Economic Survey of Japan explores ways to address those challenges.[…]