Japan: Easy does it

In an effort to improve the economy, Japan has lowered their interest rates. The Japanese government lowered their already low interest rates from .1%, "to a range between 0% and 0.1%." The government told their people that they would hold the 'virtual zero-rate policy until there was "medium- to long-term price stability"." Along with the lowered interest rates, Japan is planning to make a system for banks to sell off public and private sector assets, these include, "commercial paper, corporate bonds and even exchange-traded funds (ETFs) and Japan real-estate investment trusts (J-REITs)."

the question remains, will the Japanese efforts to improve their economy really work? And if so, how long will the turn around take?