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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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"India's strength lies in her villages. Our aim is to bridge the differences between rural and urban India. We want our villages to have all the facilities that are there in the cities."
"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."
"The years nineteen and twenty are a crucial stage in the maturation of character, and if you allow yourself to become warped when you're that age, it will cause you pain when you're older."
"Sustainable Development is more than meeting the needs of today and the future generations, to my understanding this definition better fits sex industry."
"India will develop when our villages prosper. By improving the economy of villages we can power our country's growth."
"When children in village stop attending school, it should worry us. When it comes to rural development, we should not merely think of how much budget was allotted, we should look at Jan Suvidha in entirety."
"Few lack talent, but most people lack the vision & perseverance to develop their talents."
"One can give or withhold in a manner far more effective, sophisticated, useful, which is quite invisible to people who think that giving or withholding is done by external assessment. If you seek some mark of favour or 'promotion', know that you are not ready for it. Progress comes through capacity to learn, and is irresistible. Nobody can stand between you and knowledge if you are fit for it."
"The tallest trees sometimes grow from the smallest seeds."
"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?"
Explore more quotes by 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."
"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."
"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 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."
"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 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."
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