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Toshihiko Fukui

"During the past two decades, inflation has fallen to a low level in major industrial countries."

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"During the past two decades, inflation has fallen to a low level in major industrial countries."

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Donna Grant

"America is the most fertile ground of opportunity."

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Personal Development

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Donna Grant

"I really don't feel any strong allegiance to any country."

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Personal Development

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Donna Grant

"All countries should immediately now activate their pandemic preparedness plans. Countries should remain on high alert for unusual outbreaks of influenza-like illness and severe pneumonia."

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Personal Development

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Donna Grant

"If I remember rightly Holland for instance has something like 45, and it's a much smaller country. In comparison we have very few and they are very badly financed."

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Personal Development

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Donna Grant

"A lot of bands were doing remotes from ballrooms around the country."

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Personal Development

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Donna Grant

"Many Sunnis, who are still stuck in the Saddam era mindset and believe Iraq belongs to them, are trying to prevent a new country from developing at all."

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Personal Development

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Donna Grant

"If the invaders reach Iran, the country will turn into a burning hell for them."

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Personal Development

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Donna Grant

"The same things go on everywhere, whether you're from the city, the country or wherever."

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Personal Development

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Donna Grant

"I believe that Ronald Reagan will someday make this country what it once was... an arctic wilderness."

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Personal Development

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Donna Grant

"If I go to Germany, I learn something in addition. The German television is very precise and respectable. One has never stress. In Italy it is more dynamic. But I amuse myself madly in both countries."

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Toshihiko Fukui
"During the past two decades, inflation has fallen to a low level in major industrial countries."

Country

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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."

Experience

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Toshihiko Fukui
"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."

Development

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Toshihiko Fukui
"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."

Growth

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Toshihiko Fukui
"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."

Growth

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Toshihiko Fukui
"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

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Toshihiko Fukui
"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."

Policy

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Toshihiko Fukui
"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."

Experience

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Toshihiko Fukui
"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."

Country

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

Balance

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