Mature economy

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Mature economy

The economy of a nation with a stable population and slowing economic growth.

Mature Economy

A stable economy with low growth and generally low inflation. It especially refers to an economy with a stable population; that is, there are fewer pressures to create jobs for a larger workforce, but at the same time, there is enough growth for the economy to financially support retirees as they age and need more care. See also: Mature company.
References in periodicals archive ?
The slowdown in China's pace of growth will likely reflect in the weaker growth of the mature economies of East Asia and the emerging economies of East Asia.
In mature economies, healthcare is one of only two sectors in which job growth is likely to be strong, the other being professional and technical services, where women are underrepresented.
However, Teather pointed out that more mature economies like Thailand and Malaysia will decelerate in 2019 because of the economic slowdown in China.
In his book Capital in the Twenty-First Century (2013), Piketty finds that income and wealth inequality increases in mature economies. He suggests higher wealth and income taxation to help reduce inequality.
Request For Report Brochure For Latest Industry Insights @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7939 Market demand for functional non-meat ingredients is high and saturated in mature economies such as North America and Europe owing to the increasing popularity of processed meat.
Market drivers and trends Increasing number of infrastructure projects in faster growing economies and the recovering construction sector in relatively mature economies is expected to propel the demand for piling sheets, anchoring equipment, and trench shoring systems globally.
Normally, in mature economies with a political leadership that is responsible and responsive, the necessary course of corrective action would be to lessen the money in circulation and decrease any new supply by hiking interest rates.
The last part of the book presents JacobyAEs vision for sustainable global growth through managed free trade, a system in which mature economies become leaders in technology and innovation and embrace multilateral trade.
Chairman of the BAAD Arif Yousuf Jeewa said Construction sector plays a key role in growing and mature economies by providing employment at a large level, by raising the living standards of the people.
Costly workers in mature economies like Japan are directly pitted against cheap factory staff in emerging markets in a competition for jobs.
However, they have mature economies with saturated markets that face little upward potential.
Emerging currencies are usually judged to be too volatile and opaque for comfort, but an uncertain external environment that has included low returns in mature economies; an unexpected EU referendum outcome; continual depression in the price of oil and ongoing confusion over the US interest rate outlook may have led to investors re- framing this perception.