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"With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing."
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"The great art of life is to moderate our passions. Objects of affection are like other belongings. We must love them enough to enrich our lives while we have them, not enough to impoverish our lives when they are gone."
"Extreme right-wingers are known for giving God a bad name; extreme left-wingers are known for giving God a weak name. He's not as simple as conservative versus liberal, old versus new. His wings are balanced. God is both and neither."
"With no positivity, there is no hope; with no negativity, there is no improvement."
"Light is a beautiful servant, darkness is a dangerous master."
Explore more quotes by 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."
"The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge."
"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."
"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."
"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."
"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."
"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."
"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."
"During the past two decades, inflation has fallen to a low level in major industrial countries."
"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."
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