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Issue Report

Collection of full-length papers and in-depth analysis of economic and management issues.

Japanese Government’s Service Sector Upgrade Strategy & Its Implications For Korea

Japanese Government’s Service Sector Upgrade Strategy & Its Implications For Korea

JUNG Ho-Sung

Aug. 1, 2007

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In recent years, the Japanese government has targeted service industry productivity enhancement, launching such initiatives such as the “New Industry Creation Strategy for 2005.” Among the industries designated as the seven prospective growth engines, four were services, including contents, health care & welfare, environment & energy, and business services. Since then, the Japanese government has been implementing various policies such as encouraging competition through deregulation in the service sector and outsourcing public services in order to boost competitiveness and efficiency of Japan’s service industry. On another front, the Productivity Center for Socio-Economic Development, a non-governmental organization, has launched its “Service Industry Productivity Council” as a platform on which the government, academia, and industry can collectively identify strategies to improve productivity in the service sector.

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