The question that needs to be asked is the following: why do democratic decision-making processes lead to the wrong decisions being taken from the point of view of the common good, not only ex-post, but also ex-ante?
<35.4>  16  17  18  19  CY20 1 3  14  15  16  Notes: 1. Based on staff calculations. 2. Figures in angle brackets show the share of each country or region in Japan's total exports in 2018. Sources: Ministry of Finance; Bank of Japan.