1st Edition

The Long Wave in the World Economy

By Andrew Tylecote Copyright 1992
    356 Pages
    by Routledge

    356 Pages
    by Routledge

    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.

    Introduction Part I: Theory 1. The Long Wave Debate 2. Technological Styles 3. Integration, Disintegration and Crisis 4. Monetary Feedback 5. Population Feedback 6. Inequality Feedback (1) In the North 7. Inequality Feedback (2) International and the South Part II: History Introduction: A Resume of the Theoretical Argument 8. A Historical Account from l780 to l848 9. A Historical Account from l848 to l896 10. A Historical Account from l896 to l945 11. A Historical Account from l945 to the present l2. The Way to the Next Upswing

    Biography

    Andrew Tylecote, University of Sheffield, UK.

    `... coherent, consistent and forceful. ... a very good book that places the economic difficulties of the 1970s and 1980s in historical and global perspective. It is well worth reading.' - Political Studies 1993

    `... easily the best book on economics I have read in a long, long time.' - Resurgence No. 157 March/April 93

    `... excellent attempt to picture the grand sweep of trends in the industrial economy ...' - Land and Liberty

    `..his thought-provoking long-wave look at our present problems gives a perspective that exists nowhere in the sterile Treasury models that rule our economy. It should be compulsory reading for every MP and economic mandarin.' - Tony Levene, Scotland on Sunday

    `... easily the best book on economics I have read in a long, long time.' - Larry Elliott, Resurgence