自上世纪90年代日本泡沫经济崩溃以来,就一直有“日本经济失去了二十年”的说法。在中国,受中日政治关系恶化以及两国国民感情恶化等影响,从媒体到学者、官员等也或多或少持此看法。笔者认为,这种看法对日本经济存在一定的误读,而这些误读有可能影响到我们对日政策的判断。“失去了二十年”是一个伪命题上世纪90年代末,日本经济“失去了十年”的提法开始见诸报端,到了2010年前后日本经济仍无起色, Since the collapse of the Japanese bubble economy in the 1990s, “the Japanese economy has lost twenty years.” In China, due to the deteriorating political relations between China and Japan and the deteriorating feelings of the two peoples, such views are more or less taken from the media, academics and officials. The author believes that this view of Japan’s economy there is some misreading, and these misreadings may affect our judgment on Japan’s policy. “Lost twenty years ” is a false proposition In the late 90s of last century, the Japanese economy “lost ten years ” formulation began to see the newspapers, by 2010 the Japanese economy still no improvement,