As financial positions expand, the economy becomes more vulnerable to adverse and unexpected developments taking place outside the six to seven year business cycle. Over 50 years ago Nikolai Kondratieff developed the theory of "The Long Waves in Economic Life," which incorporated an extended cycle of innovation and upward thrust, and changed our understanding of business cycles in financial settings.
Read More
As financial positions expand, the economy becomes more vulnerable to adverse and unexpected developments taking place outside the six to seven year business cycle. Over 50 years ago Nikolai Kondratieff developed the theory of "The Long Waves in Economic Life," which incorporated an extended cycle of innovation and upward thrust, and changed our understanding of business cycles in financial settings.
Read Less
Add this copy of Financial Cycles: Sovereigns, Bankers, and Stress Tests to cart. $103.32, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2015 by Palgrave MacMillan.
