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"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."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development

"Market economy favors the have against the have not."
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Personal Development

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
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Personal Development

"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
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Personal Development

"Economics is extremely useful as a form of employment for economists."
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Personal Development

"My first priority is growing this economy in the long term, and stimulating it in the short term."
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Personal Development

"Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour."
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Personal Development

"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
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Personal Development

"We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export."
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Personal Development
Explore more quotes by Toshihiko Fukui


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


"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


"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


"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 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


"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


"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 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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