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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."
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"Some people will each start investing more of their salary on 'their' house and spending less of it on 'their' car or cars only when they start being able to take 'their' house to work, funerals, weddings, etc."
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Personal Development
"Don't spend your money on luxuries. Save it and secure a safe future. Don't crave for quick satisfaction."
Author Name
Personal Development
"When buying shares, ask yourself, would you buy the whole company?"
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Personal Development
"Money does not go only to those who go to church, it goes to those who know and comply with the laws of money."
Author Name
Personal Development
"Money is a necessity, but not the determinant of a successful life. It is there to secure you, but not to save you! It is there to support you, but not to sanctify you!"
Author Name
Personal Development
"What the culture of get rich quick does to our people is Fraudulent money schemes are prevalent in the society."
Author Name
Personal Development
"God will always respond to our responsible management of the riches we have received from Him with promotion and stability."
Author Name
Personal Development
"He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary."
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Personal Development
"Your future self would surely thank your present self if you start to wisely invest your money now."
Author Name
Personal Development
"Never exchange your life for a penny."
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Personal Development
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"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 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
"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
"During the past two decades, inflation has fallen to a low level in major industrial countries."
Country
"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
"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 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."
Country
"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
"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
"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
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