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"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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Exlpore more Experience quotes
"Enthusiasm - a distemper of youth, curable by small doses of repentance in connection with outward applications of experience."
"Of two pleasures, if there be one which all or almost all who have experience of both give a decided preference, irrespective of any feeling of moral obligation to prefer it, that is the more desirable pleasure."
"I had rather have a fool to make me merry than experience to make me sad and to travel for it too!"
"You can teach a person all you know, but only experience will convince him that what you say is true."
"The deepest experience of the creator is feminine, for it is experience of receiving and bearing."
"There is more experience on the field of justification than on the camp of training. Sometimes, you got to take actions to learn more."
"The word experience is like a shrapnel shell, and bursts into a thousand meanings."
"Have you noticed in your past experience that your kind interpretations were almost always truer than you harsh one?"
"I've admired a lot of people in my life time and some of them were actually alive."
"It is not age but experience that brings wisdom."
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."
"During the past two decades, inflation has fallen to a low level in major industrial countries."
"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."
"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 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."
"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."
"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."
"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."
"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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