Abenomics is Japan's answer to its lost decade.With more than two decades of financial turmoil and big bang reforms, Japanese prime minister,Shinzō Abe proposed Abenomics, a term named after him.This is a very quick overview on what abenomics is just before the final verdict of its acceptance on June14th 2013.

1. JAPAN’S ABENOMICS
APPROACH
(a focus on Japan’s economic solution to the financial trouble)
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2.  Long Stagnant Economy
 Two decades of deflation
 Weak domestic demand
 Most indebted nation in the world (230% of GDP)
PROBLEMS FACED IN JAPAN
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3. THE TERM ABENOMICS
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4. APPROACH OF ABENOMICS
 Creation of Special Economic Zones
 Focuses on three arrows so as to get Japan out
of its macroeconomic problem
 Intends to put an end to deflation, low domestic
demand & recession
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5. THREE ARROWS
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6. CRITICISMS
 Lead to a higher debt making matters worse
 A VAT increase from 5% to 10% (in 2015)
 Abenomics ignored the risks of monetary easing and a weakened
currency
 Inequalities in wealth distribution will increase
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7. © Deena Zaidi 2013. All Rights Reserved.