Phases of Economic Growth, 1850–1973: Kondratieff Waves and Kuznets Swings

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Phases of Economic Growth, 1850–1973: Kondratieff Waves and Kuznets Swings image
ISBN-10:

0521334578

ISBN-13:

9780521334570

Author(s): Solomou, Solomos
Edition: 1
Released: Feb 26, 1988
Format: Hardcover, 216 pages
Related ISBN: 9780521389044

Description:

Using data from Britain, France, Germany, the United States, and the world economy between 1850 and 1973, this book presents a clear and systematic examination of the evidence for long-term patterns of economic growth. The author refutes the existence of long (Kondratieff) waves in the course of economic development, and instead presents persuasive evidence for a growth pattern characterized by episodic long swing fluctuations of twenty to thirty years, documenting and explaining these phases in a historical perspective.

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