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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."

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"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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Akiroq Brost

"What keeps us from abandoning ourselves entirely to one vice, often, is the fact that we have several."

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Personal Development

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Akiroq Brost

"As a rule we disbelieve all the facts and theories for which we have no use."

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Personal Development

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Akiroq Brost

"Our esteem for facts has not neutralized in us all religiousness. It is itself almost religious. Our scientific temper is devout."

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Personal Development

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Akiroq Brost

"Whether the story reflects the facts is obviously a different matter."

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Akiroq Brost

"A theoretical system does not merely state facts which have been observed and that logically deducible relations to other facts which have also been observed."

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Personal Development

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Akiroq Brost

"In fact, our monthly trade deficit figure is so huge it equals the entire annual budget of our Department of Veterans Affairs. Veterans fought to make us free from foreign tyranny, but the new tyranny is taking a different form."

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Personal Development

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Akiroq Brost

"The fundamental laws of physics do not describe true facts about reality. Rendered as descriptions of facts, they are false; amended to be true, they lose their explanatory force."

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Personal Development

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Akiroq Brost

"Facts do not speak."

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Personal Development

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Akiroq Brost

"He reproduced himself with so much humble objectivity, with the unquestioning, matter of fact interest of a dog who sees himself in a mirror and thinks: there's another dog."

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Akiroq Brost

"The fact that tradition hinders the individual savage from thinking logically by no means proves that he cannot think logically."

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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
"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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Toshihiko Fukui
"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

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Toshihiko Fukui
"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

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

Balance

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