Phases of Economic Growth, 1850-1973
Kondratieff Waves and Kuznets Swings
By (author) Solomos Solomou
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Phases of Economic Growth, 1850-1973 by Solomos Solomou
Book DescriptionSolomos Solomou presents a clear and systematic examination of the evidence for long-term patterns of economic growth. Using data on Britain, France, Germany, the USA and the world economy between 1850 and 1973 he refutes the existence of long (Kondratieff) waves in the course of economic development. Instead he presents persuasive evidence for a growth pattern characterised by shock-induced, long-term variations in growth at the level of the world economy. The findings show that national patterns of growth did not necessarily coincide with those of the world economy, but followed episodic long swing fluctuations of twenty to thirty years before the Second World War and trend-accelerated growth in the post-war period. The author provides new historical perspectives on the pre-1913 era, the inter-war years and the post-war boom.
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Book DetailsISBN: 9780521389044
(228mm x 152mm x 13mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 1-Mar-1990
Country of Publication: United Kingdom
Books By Author Solomos Solomou
Protectionism and Economic Revival, Paperback (August 2008)
This book evaluates the effects of protectionism on the British interwar economy.
Themes in Macroeconomic History, Hardback (April 1996)» View all books by Solomos Solomou
Surveys the key macroeconomic questions that arise from the British economy 1919 to 1939.
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