Excerpts from Remarks on the process of creative destruction

Richard W. Fisher

No 81, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: Remarks to the Fort Worth Chamber of Commerce and the Fort Worth Petroleum Club, Leaders in Government Series, Fort Worth, Texas, January 19, 2006 ; \"There is a dynamic tension in Japan today. Prime Minister Koizumi has taken on the old political dinosaurs. Young entrepreneurs gathered in the new office buildings in the Roppongi Hills area of Tokyo and elsewhere have challenged the tightly interwoven culture of the old Japanese corporate hierarchy. Foreign investment has positioned itself for a sea change in Japan's direction.\"

Keywords: Competition; Globalization; Economic conditions - Japan; economic conditions - United States (search for similar items in EconPapers)
Date: 2006
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