"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
About this Quote
Toshihiko Fukui's quote highlights the value of well-functioning monetary systems in achieving sustained economic growth. Financial systems are vital for directing family cost savings into the business sector and allocating investment funds among companies. This enables companies to access the capital they need to expand and grow, which in turn drives financial development. Without a well-functioning monetary system, organizations would not have the ability to access the capital they require to grow, and financial growth would be hindered. For that reason, it is vital that monetary systems are well-functioning in order to make sure continual financial development.
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