On Target: An Analysis of Abenomics

Abstract

What can one do when the economy has been experiencing stagnation and falling prices for two decades? Japan’s Prime Minister Shinzo Abe hopes that his response, the three-pronged Abenomics is the correct answer that can pull Japan out of the “Lost Decades”. Japan and the world are looking at this economic experiment with much intent, and this paper aims to answer the question on everyone’s mind: “Is it working?” This paper attempts to do this by providing a preliminary assessment of these policies.

Keywords: abenomics