Adjustment Quote by Toshihiko Fukui
“They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices.”
About This Quote
Source Speech: Economic Forum, Tokyo, 1995
Japan’s prolonged stagnation stems from insufficient adjustments to shifting relative prices.
In simple terms: Stagnation caused by poor price adjustment.
Address price rigidity.
Themes
Mood
Type
When to use this quote
- government policy
- business strategy
- investment decisions
- market analysis
Key Concepts
Questions to Reflect On
- What policies can improve price flexibility?
- How do cultural factors affect adjustments?
May oversimplify complex causes.