|
|
Mature economy |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Mature economyThe economy of a nation with a stable population and slowing economic growth.Mature economy Similar MatchesPolitical economyPolitical economy1. Early name for the discipline of economics. 2. A field within economics encompassing several alternatives to neoclassical economics, including Marxist economics. Also called radical political economy. 3. A field within economics that concerns the interactions between political processes and economic variables, especially economic policies. Open-economy multiplierOpen-economy multiplierThe simple Keynesian multiplier for a small open economy. Equals 1/(s+m), where s is the marginal propensity to save and m is the marginal propensity to import. Political economy of protectionPolitical economy of protectionThe study of reasons, especially political ones, that countries choose to use protection. Includes models of voting, lobbying, and campaign contributions as these lead policy makers to erect tariffs. External diseconomyExternal diseconomyNegative externality. Bubble economyBubble economyTerm for an economy in which the presence of one or more bubbles in its asset markets is a dominant feature of its performance. Japan was said to be a bubble economy in the late 1980s. Further SuggestionsGoldilocks economyMarket economy Pure exchange economy Newly Industrializing Economy Goldilocks economy Mixed economy External economy Closed economy Non-market economy New Economy Small open economy old economy stocks Integrated World Economy Emerging economy Open economy Tiger economy Barter economy black economy Command economy Radical political economy Ministry of Economy, Trade and Industry |
|
|
|