'Abenomics'

The Prime Minister of Japan Shinzo Abe needs a new mandate to proceed with his bold economic strategy, known as 'Abenomics', which had been working as the Bank of Japan poured trillions of new yen into the financial system, but was knocked off course by a hike in VAT that was needed to chip away at Japan's astronomical debt mountain.

Simon Jack spoke to Masamichi Adachi, who is Senior Economist at JP Morgan.