Consumer spending, together with domestic investment spending, are leaving the Japanese economy a little less dependent on exports. Over the past decade, Japan has been notoriously unable to develop a self-sustaining recovery. We're gradually getting out of that rut.
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This quote is just one of 9 total David Cohen quotes in our collection. David Cohen is known for saying 'Consumer spending, together with domestic investment spending, are leaving the Japanese economy a little less dependent on exports. Over the past decade, Japan has been notoriously unable to develop a self-sustaining recovery. We're gradually getting out of that rut.' as well as some of the following quotes.
[The rise in oil prices] wouldn't be quite as calamitous in Japan as it would in the U.S., where the people are more energy-dependent, ... Even though Japan may be efficient in its use of oil, like everyone else it still crimps your monthly budget. They're paying more for gasoline, so they're not immune to that.
I think that it is an excellent school, but it ought also to be a model for how to conduct employee relations, between an employer and an employee, and I don't think that it does that.
You can argue that it's in everybody's interest to maintain a positive spin, but the point is the fundamentals in Indonesia and across the region are healthier than the case in 1997-98, particularly with most of the countries running current account surpluses and not dependent on borrowings from overseas.
This quote is just one of 9 total David Cohen quotes in our collection. David Cohen is known for saying 'Consumer spending, together with domestic investment spending, are leaving the Japanese economy a little less dependent on exports. Over the past decade, Japan has been notoriously unable to develop a self-sustaining recovery. We're gradually getting out of that rut.' as well as some of the following quotes.