Japan's poor GDP figures show it has learned no lessons

Shinzo Abe needs to tackle roots of economic malaise rather than raise taxes

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20200218 Shinzo Abe.jpg

Abe erred by throwing conventional cures at an unconventional set of conditions. © Getty Images

Japan's role in the global economic discourse these days is often as an example of what not to do. From Washington to Beijing, officials struggle to avoid a Japan-like lost decade.

Yet as 2020 unfolds, it is fair to ask whether Tokyo has internalized the lessons its peers are studying.

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