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What can be done to rescue the teetering Japanese economy?

After a dramatic fall in GDP Japan now faces the impact of the coronavirus

By David Warren  

November 8, 2019, Tokyo, Japan - Japanese Prime Minister Shinzo Abe answers a question by an opposition lawmaker at Upper House's budget committee session at the National Diet in Tokyo on Friday, November 8, 2019. Abe apologized for appointing two ministers who were forced resign over scandals. (Photo by Yoshio Tsunoda/AFLO)

2020—the year in which Japan should be the centre of world attention, with the Olympics and Paralympics in Tokyo in August—has not started well for the Japanese Government. New economic figures show a dramatic shrinkage in Japanese GDP over the last quarter of 2019—6.3 per cent on an annualised basis, compared with the 3.8 per cent that forecasters had expected after Typhoon Hagibis, which killed nearly 100 people in October, and in the light of weak global demand.

The…

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