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Globalization of economy and greater cycles of the total regional product, inflation and unemployment

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  • Vladimir Belkin

    (Chelyabinsk branch of the Institute of Economics of UB RAS)

Abstract

The process of synchronization of greater and small waves of real gross national product of the USA and a total regional product of the Chelyabinsk area is shown on the materials of economic statistics. The conclusion about defining influence of dynamics of real gross national product of the USA on the basic macroeconomic parameters of the Chelyabinsk area owing to high dependence of its economy on export of metal products is done from here. It is evidently shown, that the modern world economic crisis quite keeps within the theory of greater cycles of an economic conjuncture of N.D. Kondratyev. To greater cycles of a total regional product of the Chelyabinsk area there correspond return greater cycles of inflation and unemployment.

Suggested Citation

  • Vladimir Belkin, 2009. "Globalization of economy and greater cycles of the total regional product, inflation and unemployment," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 204-210.
    • Handle: RePEc:ura:ecregj:v:1:y:2009:i:2:p:204-210
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