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Toshihiko Fukui Quotes

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing Picture Quote #1

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During the past two decades, inflation has fallen to a low level in major industrial countries Picture Quote #1

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 Picture Quote #1

The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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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 (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes) 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. (Toshihiko Fukui Quotes) With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing (Toshihiko Fukui Quotes) During the past two decades, inflation has fallen to a low level in major industrial countries (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes) The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes) 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 (Toshihiko Fukui Quotes)