During the past two decades, inflation has fallen to a low level in major industrial countries.
Toshihiko FukuiWell-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 FukuiThe increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge.
Toshihiko FukuiThe 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