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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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"A misadventure is an act that has a safer, less self-detrimental, less interesting alternative. But you choose that act because you want to do something memorable and worthy of discussion."
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Personal Development

"Life is a book. Read it. But do not forget to write yours."
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Personal Development

"At least I can say I once worked a day on a tea plantation in Far North Queensland."
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Personal Development

"Beyond these moments, she could hardly count the fumbling ministrations of boys in high school who, even to her senior prom, never went beyond sticky pleasantries. With one exception, it was just a sort of half-clothed handshake for bragging rights, none hers."
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Personal Development

"To use the same words is not a sufficient guarantee of understanding; one must use the same words for the same genus of inward experience; ultimately one must have one's experiences in common."
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Personal Development

"We live that we might have experience; that through it we might gain wisdom, compassion, faith, and inner strength."
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Personal Development

"Failure is only an experience. Experience is the foundation of any success."
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Personal Development

"Today's experience is necessary to equip you fully for the future."
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Personal Development

"Experience comes from failure and success comes from experience. Today's pain will bring tomorrow's gain."
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Personal Development

"When the reality looks extraordinarily unreal, you must know that you are in an extraordinarily beautiful place!"
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Personal Development
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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."
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


"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


"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 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


"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


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


"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


"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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