Institut français de recherche sur le Japon à la Maison franco-japonaise (Umifre 19, MEAE-CNRS)

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To sustain income levels in face of a rapidly aging society, Japan will need to increase labor productivity. Value added per hour worked has been increasing over the last 30 years, but it remains very low in comparison to other OECD countries. In 2021, it was below 60% the US level. This is surprising given Japan's excellent resource conditions: a high education level of its workforce, high investment in research and development and relative abundance of capital. The presentation will try to resolve Japan's productivity puzzle and discuss possible ways on how productivity could be increased. 


Franz Waldenberger is Director of the German Institute for Japanese Studies (DIJ) in Tokyo. He is on leave from Munich University where he holds a professorship for Japanese Economy. His research focuses on the Japanese Economy, Corporate Governance and International Management. He is editor in chief of the international peer reviewed journal Contemporary Japan. His recent publications include The Future of Financial Systems in the Digital Age (co-edited with M. Heckel, Springer, 2022). As member of the Japanese German Forum and the board of the Japanese German Business Association, he has for many years been working for the betterment of German Japanese relations.

Moderator: Sébastien LECHEVALIER (FRIJ-MFJ)
Organization: FRIJ-MFJ
Co-organization: CCI France Japon
Support: French Embassy in Japan