What Is the Kondratiev Wave?
Kondratyev's cycle theory: It is a theory that examines the cyclical fluctuations in a capitalist economy over a period of 50-60 years. Kondratiyev, a Soviet economist before 1925, first put forward the article "Long Waves in Economic Life" published in the United States. From the point of view that science and technology are the driving force for the development of productive forces, the Kondratyev cycle is the cycle for the development of productive forces. The cycle of the development of productive forces is determined by the cycle of the development of science and technology. Science and technology is a complete system. Proper division of this system is the starting point of the analysis.
Kondratyev's cycle theory
- In the 1920s,
- Before Kondratyev, people have noticed the long-term
- Kondratyev's long wave theory was first seen in the book "The World Economy and Its Fluctuations in the War and Postwar Period", which was completed from 1919 to 1920 (published in 1922). Since then, he has published "Economic Life The Long Waves in China (1925) and The Great Business Cycle (1928). In these treatises, he analyzed a large number of statistical data on Britain, France, the United States, Germany, and the world economy, and found that developed countries
- Kondratyev's theoretical use
- Stable long
- long
- A significant difference between the business cycle theory and the ordinary economic growth stage theory is that it believes that economic development has a relatively fixed cycle, and that two adjacent cycles are closely connected, so the business cycle theory allows people to make a It is predicted that according to the extrapolation of the previous waves, the development of capitalism after the industrial revolution should enter the fifth long wave from the end of the 20th century, so it is very natural. Now, there are people at home and abroad discussing the future in the framework of the fifth long cycle Decades of dominant technology, management changes, and policies that the state should adopt.