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Toshihiko Fukui

"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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"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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Akshay Vasu

"He who never leaves his country is full of prejudices."

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Personal Development

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Akshay Vasu

"America is the most fertile ground of opportunity."

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Personal Development

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Akshay Vasu

"Maybe the one I enjoyed playing most was A Month in the Country."

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Personal Development

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Akshay Vasu

"My first occupation was to map the country."

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Personal Development

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Akshay Vasu

"Jaws was still a handsome, big guy. He got the girl. He was my favorite villain. I tried to make this guy endearing somewhat because all he wanted to do was unite his country."

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Personal Development

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Akshay Vasu

"In the world over, the very name of our country is immediately associated with the Parthenon."

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Personal Development

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Akshay Vasu

"What the country needs is dirtier fingernails and cleaner minds."

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Personal Development

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Akshay Vasu

"The man with the best job in the country is the vice-president. All he has to do is get up every morning and say, "How is the president?""

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Personal Development

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Akshay Vasu

"Influenza pandemics must be taken seriously, precisely because of their capacity to spread rapidly to every country in the world."

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Personal Development

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Akshay Vasu

"So, we're saying, if we can give developers and builders incentives to cut down on the regulatory barriers that are faced in this country, then we might be able to address the needs of affordable housing."

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Personal Development

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Toshihiko Fukui
"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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Toshihiko Fukui
"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

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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."

Experience

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Toshihiko Fukui
"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

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

Country

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Toshihiko Fukui
"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

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Toshihiko Fukui
"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

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Toshihiko Fukui
"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

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Toshihiko Fukui
"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

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Toshihiko Fukui
"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."

Fact

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