The Long Wave in the World Economy

Long waves are cycles of some fifty years duration in which a period of rapid expansion is followed by one of slow growth of stagnation. This book provides a critical examination of long wave theory and an original explanation of long fluctuations which is highly relevant to the current crisis in the world economy.

Autorentext

Andrew Tylecote

Inhalt

Introduction Part I: Theory 1. The Long Wave Debate 2. Technological Styles 3. Integration, Disintegration and Crisis 4. Monetary Feedback 5. Population Feedback 6. Inequality Feedback (1) In the North 7. Inequality Feedback (2) International and the South Part II: History Introduction: A Resume of the Theoretical Argument 8. A Historical Account from l780 to l848 9. A Historical Account from l848 to l896 10. A Historical Account from l896 to l945 11. A Historical Account from l945 to the present l2. The Way to the Next Upswing