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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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"Building confidence is an ongoing process and something that can be accomplished over time."

"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."

"Like an apparently strict musical form it breaks the five minute whole into its structural parts - a descriptive preamble, the action of taking the cards, the development of the cards' manipulation and the revelation of what has been achieved."

"Walk and learn from the people that inspire you to do great things."

"Another factor if increase is self-development."

"The current administration has made the decision to cut dollars going for community development block grants, for various incentives to bring cities back."

"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."

"A child's attachment process begins within the first year of life..."
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"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."


"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 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."


"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."


"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."


"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."


"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."


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


"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."
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