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"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."
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"All great and successful people stayed alone with themselves to develop their gift."
"The purpose of education should ultimately be the advancement of the species. And for this to actually happen, the world needs the kind of education by means of which character is formed, strength of the mind is increased and the human intellect is expanded beyond its own limits."
"When value systems are embraced by a nation, when the citizens of a country are truly rich in virtues, then material wealth is a matter of time."
"Growth is one of the most natural process of life."
"Social democracy seeks and finds the ways, and particular slogans, of the workers' struggle only in the course of the development of this struggle, and gains directions for the way forward through this struggle alone."
"Develop your intellect and your creative ways of thinking."
"Developing the man within leads to changing a man's value and behavior."
"Sustainable Development is more than meeting the needs of today and the future generations, to my understanding this definition better fits sex industry."
"Just imagine the strides Africa would have made if all the resources being channeled towards conflict resolution were going into construction of power generation plants and irrigation capacity. Can't we promote our own peace? What are we doing to seriously focus on other eco-friendly energy sources like wind and solar?"
"If a person refuses to develop his potential, it can lead to nervous or mental disorders, somatic diseases and personal degradation."
Explore more quotes by 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."
"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."
"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,
"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."
"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."
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