The Long Wave in the World Economy: The Present Crisis in Historical Perspective

Front Cover
Psychology Press, 1992 - Business & Economics - 338 pages

Long waves are cycles of some fifty years duration in which a period of rapid expansion is followed by one of slow growth of stagnation. This book provides a critical examination of long wave theory and an original explanation of long fluctuations which is highly relevant to the current crisis in the world economy.

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Contents

Introduction
1
The long wave debate
7
Technological styles
36
Monetary feedback
84
Population feedback
101
Inequality feedback 1 In the North
122
Inequality feedback 2 International and in the South
147
A résumé of the theoretical argument
183
A historical account 18501896
207
A historical account 18961945
221
A historical account from 1945 to the present
248
The way to the next upswing
272
Notes
295
Bibliography
320
Index
329
Copyright

A historical account 17801850
189

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About the author (1992)

Andrew Tylecote, University of Sheffield, UK.

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