1. What is Abenomics and Is It Working?
By : Group 3

2. CONTENT
Abenomics : an overview
"Three arrows” of abenomics
Japan’ Situation after abenomics
Conclutions

3. OVERVIEW : Japan Previous Conditions
Spending:
Near zero growth for the past twenty years.
Consumer spending stagnating, in part due to deflation.
Depressed sentiment due to the 2011 Earthquake disaster and consequences resulting in a recession in 2012.
Monetary Situation
Long term deflation.
An overly strong yen, damaging exports.
Employment
(Relatively) low unemployment

4. OVERVIEW : What is Abenomics ?
New economic policy
After re-elected on December 2012, Shinzo Abe’s cabinet launched a new economic policy, called “Abenomics”
Ultimate Objective – revival of Japanese economy, exit from deflation
Also, its goal is to boost domestic demand and gross domestic product (GDP) growth while raising inflation to 2 percent.

6. Facts of Abenomics Goal is inflation targeting at a 2% annual rate.
Despite massive government stimulus, growth is tepid and inflation has continued to fall on the back of plunging global oil prices.
Inflation Rate in Japan is expected to be percent by the end of Q3/2016.

7. Facts of Abenomics
Japan fell into a recession after two quarters of negative GDP growth in 2014. 
GDP Growth Rate in Japan is expected to be 0.50 percent by the end of Q3/2016.

8. Conclusion : Short Term
Abenomics seems working in 2013/2014
Japanese economy is gradually healing and growing modestly

9. Conclusion : Long Term not clear ?
The Bank of Japan reduced the interest rate to -0.1 percent in Jan
Negative interest rates, a relatively untested monetary tool, give many economists pause.