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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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"There is always the exceptional child, but the average tells us that the child is largely what the home has made him."
"We need to practice for 10000 hours."
"In our process of spiritual maturity, our faith needs to attain bigger dimensions."
"There is an hidden energy in a child that works in all areas of growth and development."
"Walk and learn from the people that inspire you to do great things."
"Our churches are full of people during work hours, in the morning, at noon, in the evening praying, instead of being in the factories, libraries, and laboratories, facilitating economic growth."
"Develop your prayer language, increase your prayer coverage."
"I don't know how - it is a question of process."
"You have to work at having quality in your church, because people that are influential in your city may be God's instruments for resolving all kinds of problems that will most surely come up in the future."
"If we give the supply of growth, self-improvement, self-education, into our lives, life would favour us."
Explore more quotes by Toshihiko Fukui
"During the past two decades, inflation has fallen to a low level in major industrial countries."
"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 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."
"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 increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge."
"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."
"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."
"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."
"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."
"With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing."
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