Toshihiko Fukui
Toshihiko Fukui
Toshihiko Fukui is a Japanese economist and central banker. He was the 29th Governor of the Bank of Japanand a Director of the Bank for International Settlements...
NationalityJapanese
ProfessionPublic Servant
Date of Birth7 September 1935
CountryJapan
ask current economic economy questions reach sufficient sustained whether
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.
analysis asset based experience half influence institute present price second since staff structural sustained
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.
asian current east growing japanese recovery taking
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.
derives emphasize incomplete protracted relative stagnation viewpoint
They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices.
achieving asset efficient growth price promoting resource sustained
Asset price fluctuations have important implications for promoting more efficient resource allocations and achieving sustained growth in the long run.
change consumer increase percent prices projected rate slight towards zero
The year-on-year rate of change in consumer prices is projected to be zero percent or to show a slight increase towards the end of this year,
changing economy exchange goods home influence movements prices rate relative run short
As for the short run effects, exchange rate movements influence the economy through changing relative prices between goods at home and abroad.
charges effects electricity expected likely negative prices reduction rice telephone
This is because the negative contribution from (weak) rice prices is likely to dissipate and the effects of a reduction in electricity and telephone charges are also expected to ease.
corporate demand domestic economy experience external household likely period sustained
Japan's economy is likely to experience a sustained period of expansion, with domestic and external demand and also the corporate and household sectors well in balance.
determined economic future judgment needed price situation
Japan's economic situation is at an important stage. Price judgment is needed about the future course, but I have no determined idea,
almost economy emerged judgment shows
Our judgment now shows the economy has almost broadly emerged from a stalled stage,
credit intention move
Our intention is not to move to credit tightening now.
bring deflation economic half help moving priority sustained top
Our top priority is to help bring about sustained economic growth, and moving out of deflation is only half way there.
fall negative prices rises start territory unlikely
Rises in prices may not accelerate, but it's unlikely that they will fall back into negative territory once they start rising,