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Toshihiko Fukui

"The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase immigration. The structure of family and society will inevitably change."

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"The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase immigration. The structure of family and society will inevitably change."

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Donna Grant

"It is so hard to leave-until you leave. And then it is the easiest goddamned thing in the world."

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Personal Development

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Donna Grant

"Clever nations are the ones who keep changing their governments! Because power must change hands otherwise it will get spoiled and rot!"

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Personal Development

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Donna Grant

"When it is time for religion to vanish from the face of earth upon having finished its service of psychological reinforcement to humanity, Mother Nature will make that happen one way or another."

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Personal Development

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Donna Grant

"But in the meantime I became accustomed to the writing life and it would be hard to change now - partly because of the salary cut if I went to my other love, teaching; and partly because I still have stories to tell, even though it isn't all that fun doing the work anymore."

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Personal Development

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Donna Grant

"America was never designed to be fixed forever, but was meant to be fluid and evolving."

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Personal Development

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Donna Grant

"Human beings are the only animal that thinks they change who they are simply by moving to a different place. Birds migrate, but it's not quite the same thing."

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Personal Development

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Donna Grant

"Transformations are a part of life. We are constantly being changed by things changing around us."

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Personal Development

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Donna Grant

"A personality alters itself through a series of self-referential experiences. We are not the same as the day before. Much as a person can never set foot in exactly the same river on any given day, we are different each day. Yesterday made us, but the past cannot contain nor restrain us. We can never mentally scroll backward and be who we used to be. We must move forward in the stream of life until the day that our life force dries up and we return to dust."

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Personal Development

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Donna Grant

"We fear change because it insists we discard long held structures that no longer function suitably."

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Personal Development

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Donna Grant

"There may be something to the suggestion about the pace of technological change intimidating writers, though - it's been awfully hard to keep ahead of real developments."

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Personal Development

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Toshihiko Fukui
"Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years."

Experience

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Toshihiko Fukui
"The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth."

Growth

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Toshihiko Fukui
"Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path."

Growth

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Toshihiko Fukui
"However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound."

Policy

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Toshihiko Fukui
"The staff at the Institute will present an analysis on how asset price fluctuations and subsequent structural adjustments influence sustained economic growth, based on Japan's experience since the second half of the 1980s."

Experience

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Toshihiko Fukui
"With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing."

Balance

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Toshihiko Fukui
"Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms."

Finance

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Toshihiko Fukui
"The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge."

Knowledge

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Toshihiko Fukui
"During the past two decades, inflation has fallen to a low level in major industrial countries."

Country

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Toshihiko Fukui
"In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run."

Fact

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