Reviving business dynamism in Japan
Reading Time: 3 minutesIn the context of a shrinking working-age population, Japan needs to reignite productivity growth to sustain living standards. Annual growth in hourly productivity fell from 1.2% in the 2000-08 period to 0.3% between 2019 and 2024. By Patrizio Sicari, OECD Economics Department Business dynamism, which spurs productivity by encouraging firm entry and subsequent growth, as… Read More »Reviving business dynamism in Japan