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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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"We ask the great masses of India to be patient a short time longer, while the cause of freedom is being fought out, not because we want to delay, but because the hard facts of war make a complete change impossible at the moment."

"Like it takes so little not only to change something, but to make you forget the way it once was, as well."

"Change is vital, improvement the logical form of change."

"The change we want is within us and shall always be within us, the change we can have is in the steps we can take to realize the change we want. Take a step if you want a change!"

"One change always leaves the way open for the establishment of others."

"In the case of Marilyn and John Kennedy, I think they did affect change."
Explore more quotes by 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."


"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."


"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."


"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."


"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."


"The aging and decreasing population is a serious problem in many developed countries today. In Japan's case, these demographic changes are taking place at a more rapid pace than any other country has ever experienced."


"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."


"The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially."


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


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