As the leader of Japan's Liberal Democratic Party going into the 2012 election, Mr. Abe had articulated his position on the economy and economic growth. So it came as no surprise that - within weeks of winning the office of Prime Minister - Mr. Abe and his administration had announced a new economic policy designed to end the country's prolonged economic recession and revive the sagging economyThis new policy, commonly referred to as 'Abenomics', outlines a number of bold actions that the government intends to undertake as part of a threepronged strategy that will tie together the country's monetary policy, fiscal policy and growth strategy.