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Mature economy |
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Mature economyThe economy of a nation with a stable population and slowing economic growth.Mature economy Similar MatchesSmall open economySmall open economyAn economy that is small enough compared to the world markets in which it participates that (as a good approximation) its policies do not alter world prices or incomes. The country is thus a price taker in world markets. The term is normally applied to a country as a whole, although it is sometimes used in the context of only a single product. Goldilocks economyGoldilocks economyAn economy whose growth is believed to be neither too 'hot' (i.e. too fast) or too 'cold' (too slow) - an ideal state as it means the government does not have to use fiscal or monetary devices to artificially stimulate or retard economic activity. Emerging economyEmerging economy1. Originally this term was applied to countries that had recently ceased to be part of the Soviet Union and its satellites, and thus emerging from centrally planned communist economies. The term drew attention to their transition to becoming market economies. 2. Rather quickly, perhaps acknowledging the importance of central planning and the failure of markets in many other countries, the term has expanded to encompass also developing countries, not necessarily ever communist, as they expanded the role of markets. New EconomyNew EconomyThis term was used in the late 1990's to suggest that globalization and/or innovations in information technology had changed the way that the world economy works. Conjectures included changes in productivity, the inflation-unemployment tradeoff, the business cycle, and the valuation of enterprises. Mixed economyMixed economyAn economy in which some production is done by the private sector and some by the state, in state-owned enterprises. Further SuggestionsMinistry of Economy, Trade and IndustryRadical political economy Newly Industrializing Economy Closed economy Pure exchange economy External economy Bubble economy Integrated World Economy Political economy black economy External diseconomy Open economy Tiger economy Non-market economy Political economy of protection Open-economy multiplier Market economy Barter economy Command economy old economy stocks Goldilocks economy |
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