IDEAS home Printed from https://ideas.repec.org/p/nos/wuwpma/emanova_elena.12760-kondratieffworldsyst.html
   My bibliography  Save this paper

Kondratieff Waves in the World System Perspective

Author

Listed:
  • Korotayev Andrey
  • Grinin Leonid

Abstract

The analysis of long economic cycles allows us to understand long-term world-system dynamics, to develop forecasts, to explain crises of the past, as well as the current global economic crisis. The article offers an historical sketch of research on K-waves; it analyzes the nature of Kondratieff waves that are considered as a special form of cyclical dynamics that emerged in the industrial period of the World System history. It offers a historical and theoretical analysis of K-wave dynamics in the World System framework; in particular, it studies the influence of the long wave dynamics on the changes of the world GDP growth rates during the last two centuries. Special attention is paid to the interaction between Kondratieff waves and Juglar cycles. The article is based on substantial statistical data, it extensively employs quantitative analysis, contains numerous tables and diagrams. On the basis of the proposed analysis it offers some forecasts of the world economic development in the next two decades.

Suggested Citation

  • Korotayev Andrey & Grinin Leonid, 2013. "Kondratieff Waves in the World System Perspective," Macroeconomics emanova_elena.12760-kondr, Socionet.
    • Handle: RePEc:nos:wuwpma:emanova_elena.12760-kondratieffworldsyst
    as

    Download full text from publisher

    File URL: http://www.sociostudies.org/almanac/articles/kondratieff_waves_in_the_world_system_perspective/
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Akaev, Askar A. (Акаев, Аскар А.) & Korotayev, Andrey V (Коротаев, Андрей В.), 2017. "Toward Forecasting Global Economic Dynamics of the Forthcoming Years [К Прогнозированию Глобальной Экономической Динамики Ближайших Лет]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 8-39, February.
    2. Andrey Korotayev & Leonid Grinin & Leonid Issaev & Alisa Shishkina & Evgeny Ivanov & Kira Meshcherina, 2017. "World Order Transformation and Sociopolitical Destabilization," HSE Working papers WP BRP 29/IR/2017, National Research University Higher School of Economics.
    3. Askar Akaev & Andrey Korotayev, 2016. "Global economic dynamics of the forthcoming years. A forecast," Papers 1612.09189, arXiv.org.
    4. Zemtsov, S., 2021. "New technologies and regional development in the modern period," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 196-207.
    5. Tausch, Arno, 2013. "The hallmarks of crisis. A new center-periphery perspective on long cycles," MPRA Paper 48356, University Library of Munich, Germany.

    More about this item

    Keywords

    economic cycles; world system; Kondratieff waves; Juglar cycles;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:wuwpma:emanova_elena.12760-kondratieffworldsyst. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sergei Parinov (email available below). General contact details of provider: http://spz.socionet.ru/archives/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.