OLDER AND WISER
Calling economies “menopausal” should be a compliment, not an insult

A menopausal economy is matureThe main difference between mature and immature economies is how they employ capital and labor. Mature economies, like the US and UK, have most people in formal jobs, armed with the machinery needed to do those jobs. Immature economies, like the Congo and Bangladesh, don’t do this. They still employ many people in unproductive places (think subsistence farming, or labor-intensive manufacturing) and miss out on labor and capital as valuable resources....
full article here https://qz.com/1279605/calling-econo...not-an-insult/