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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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"Reality spilled out into the alley like water from an overfilled bowl - as sound, as smell, as image, as plea, as response."
Author Name
Personal Development

"All theory is against freedom of the will; all experience for it."
Author Name
Personal Development

"Skill is the unified force of experience, intellect and passion in their operation."
Author Name
Personal Development

"Enthusiasm - a distemper of youth, curable by small doses of repentance in connection with outward applications of experience."
Author Name
Personal Development

"We just had a near-life experience!"
Author Name
Personal Development

"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."
Author Name
Personal Development

"It must be a really great book because one can read it as a boy in one way, and then re-read it in middle life and get something very different out of it - and that to my mind is one of the best tests."
Author Name
Personal Development

"Mr Lorry asks the witness questions:Ever been kicked? Might have been.Frequently? No. Ever kicked down stairs? Decidedly not; once received a kick at the top of a staircase, and fell down stairs of his own accord."
Author Name
Personal Development

"I had rather have a fool to make me merry than experience to make me sad and to travel for it too!"
Author Name
Personal Development

"We have all had the experience of finding that our reactions and perhaps even our deeds have denied beliefs we thought were ours."
Author Name
Personal Development
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"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."
Finance


"The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge."
Knowledge


"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


"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


"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


"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."
Change


"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


"In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies."
Economy


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


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