Labour market reform in Japan to cope with a shrinking and ageing population:
Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital. Abolis...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2019
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1568 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital. Abolishing the right of firms to set mandatory retirement - typically at age 60 - would enable employees to extend their careers and reduce the link between wages and seniority. It would also facilitate a further increase in the pension eligibility age above 65, thereby helping to reduce poverty among the elderly. Life-long learning is another key element to extending careers. It is also crucial to address a range of issues that discourage the employment of women, namely the lack of work-life balance and shortages of high quality and affordable childcare and long-term care for the elderly. Fighting discrimination and gender stereotypes is also important to allow women to assume greater leadership roles. Coping with population decline also requires pursuing recent efforts to increase the role of foreign workers in Japan. Breaking down labour market dualism is crucial to expand employment opportunities for women and older people, while reducing income inequality and relative poverty. This Working Paper relates to the 2019 OECD Economic Survey of Japan (http://www.oecd.org/economy/japan-economic-snapshot/) |
| Beschreibung: | 1 Online-Ressource (54 p.) |
| DOI: | 10.1787/73665992-en |
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| spelling | Jones, Randall S... VerfasserIn aut Labour market reform in Japan to cope with a shrinking and ageing population Randall S., Jones and Haruki, Seitani Paris OECD Publishing 2019 1 Online-Ressource (54 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1568 Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital. Abolishing the right of firms to set mandatory retirement - typically at age 60 - would enable employees to extend their careers and reduce the link between wages and seniority. It would also facilitate a further increase in the pension eligibility age above 65, thereby helping to reduce poverty among the elderly. Life-long learning is another key element to extending careers. It is also crucial to address a range of issues that discourage the employment of women, namely the lack of work-life balance and shortages of high quality and affordable childcare and long-term care for the elderly. Fighting discrimination and gender stereotypes is also important to allow women to assume greater leadership roles. Coping with population decline also requires pursuing recent efforts to increase the role of foreign workers in Japan. Breaking down labour market dualism is crucial to expand employment opportunities for women and older people, while reducing income inequality and relative poverty. This Working Paper relates to the 2019 OECD Economic Survey of Japan (http://www.oecd.org/economy/japan-economic-snapshot/) Economics Japan Seitani, Haruki MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/73665992-en Volltext |
| spellingShingle | Jones, Randall S.. Labour market reform in Japan to cope with a shrinking and ageing population Economics Japan |
| title | Labour market reform in Japan to cope with a shrinking and ageing population |
| title_auth | Labour market reform in Japan to cope with a shrinking and ageing population |
| title_exact_search | Labour market reform in Japan to cope with a shrinking and ageing population |
| title_full | Labour market reform in Japan to cope with a shrinking and ageing population Randall S., Jones and Haruki, Seitani |
| title_fullStr | Labour market reform in Japan to cope with a shrinking and ageing population Randall S., Jones and Haruki, Seitani |
| title_full_unstemmed | Labour market reform in Japan to cope with a shrinking and ageing population Randall S., Jones and Haruki, Seitani |
| title_short | Labour market reform in Japan to cope with a shrinking and ageing population |
| title_sort | labour market reform in japan to cope with a shrinking and ageing population |
| topic | Economics Japan |
| topic_facet | Economics Japan |
| url | https://doi.org/10.1787/73665992-en |
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