Toshihiko Fukui Quotes

Toshihiko Fukui — Japanese Public Servant born on September 07, 1935,

Toshihiko Fukui is a Japanese economist and central banker. He was the 29th Governor of the Bank of Japan and a Director of the Bank for International Settlements... (wikipedia)

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.

They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices.

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.

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

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

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