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"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."
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"Growth occurs when we discover how to remain authentically ourselves in the presence of potentially threatening things. Maturity is the possession of coping skills: we can take in our stride things that previously would have knocked us off course. We are less fragile, less easily shocked and hence more capable of engaging with situations as they really are."
"The Larger A Purpose, The Bigger The Manifestation."
"In order to make our gifts perfect, you need to work on yourself but it hurts."
"Don't be too comfortable with employment discover yourself and see what you can achieve for yourself."
"You are at liberty to develop yourself when you are self employed."
"Rain touching our hand becomes a little bit salty! Man touching wisdom becomes a little bit wiser! More touches take more from the touched!"
Explore more quotes by 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."
"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 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."
"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."
"As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development."
"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."
"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 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."
"In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies."
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