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.
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.