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"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."
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"An intelligent and conscientious opposition is a part of loyalty to country."

"The undiscovered country from whose bourn no traveler returns."

"I think the Caribbean countries face rising oceans and they face increase in the severity of hurricanes. This is something that is very, very scary to all of us. The island states in the world represent - I remember this number - one-half of 1 percent of the carbon emissions in the world. And they will - some of them will disappear."

"I do think the patriotic thing to do is to critique my country. How else do you make a country better but by pointing out its flaws?"

"To wait for hours to buy a train ticket or to see a doctor is accepted as a normal way of doing things. Privacy is not a great preoccupation, and this is a very crowded country."

"Commuting from New York to Hollywood to do this show gets more interesting every week. Before I used to think the country was just New York on one end and Los Angeles on the other, with sand and mountains in the middle."

"There's been a deliberate and systematic effort to convey to countries around the world, friends and foes, that if they cross the United States there's a price to pay."
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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."


"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."


"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."


"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 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."


"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."


"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."


"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."


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


"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."
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