Author Topic: Eccentric Economics 06  (Read 157 times)

Offline ahad.de

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Eccentric Economics 06
« on: January 23, 2017, 12:14:06 AM »
Long Wave Theory - Kondratieff Wave
A long-term cycle present in capitalist economies that represents long-term, high-growth and low-growth economic periods. This theory was founded by Russian Economist Nikolai D. Kondratieff (also spelled "Kondratiev"). He noticed an approximately 50-year cycle in European agricultural commodity prices and copper prices. Kondratieff believed that these long cycles were a feature of the economic activity of capitalist nations, and that they involved periods of evolution and self-correction. So far we have gotten five of those waves. The period of 2017-2020 will produce the 6th wave with the whole new world structure.

Courtesy by:
Md. Nur-Al-Ahad
MBA (UPM, Malaysia), Visiting Scholar (UoM, Japan), BBA (University of Dhaka, Bangladesh).

Lecturer in Finance

Department of Entrepreneurship

Daffodil International University

Daffodil Business Incubator Building

105 Shukrabad

Dhanmondi, Dhaka 1207, Bangladesh

Offline shafayet

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Re: Eccentric Economics 06
« Reply #1 on: March 13, 2017, 06:33:58 PM »
good one :)