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Business Activity in Cyclic Development of Economy and Stages in Investment Value Specialization

https://doi.org/10.21686/2413-2829-2023-1-25-37

Abstract

On the basis of system approach the article analyzes the development of economic system during movement of investment values (jobs) and human capital by stages of their specification. Economic cycles were discussed briefly and each of them finishes in the late first quarter of the 21st century. With the help of exchange equation the author shows economic investment cycles and stock cycles aresult of business activity aimedatresolvingproblemscreatedbygrowingnumberofhumancapitalanditsdemandforvaluesofcomfortablelife. Cycles of staff business activity were studiedwhich constantly take the economic system to new stages of investment value specializationControversial results of business activity were highlightedwhich can cause either recession of the economic system or galloping inflationAn important role of inflation in managing business activity and developing economic system was underlined. The article identifies the conditions when the poor become poorer and the richricher. Special attention was paid to problems that could arise in economic systems in case the sequence in staff business activity is broken. 

About the Author

A. S. Chuyko
Plekhanov Russian University of Economics
Russian Federation

Anatoliy S. Chuyko PhD, Professor of the Department for Higher Mathematics

36 Stremyanny Lane, Moscow, 117997



References

1. Dolan E. Dzh., Kempbell K. D., Kempbell R. Dzh. Dengi, bankovskoe delo i denezhno-kreditnaya politika [Money, Banking and Monetary Policy], translated from English by V. Lukashevich et al.; edited by V. Lukashevich. Moscow, 1996. (In Russ.).

2. Sakhal D. Tekhnicheskiy progress: kontseptsii, modeli, otsenki [Technological Progress: Concepts, Models, Estimates], translated from English, edited by A. A. Ryvkin. Moscow, Finansy i statistika, 1985. (In Russ.).

3. Chuyko A. S. Eshche odna kontseptsiya periodichnosti v razvitii proizvoditelnykh sil [Another Concept of Periodicity in the Development of Productive Forces]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2013, No. 1 (55), pp. 27–39. (In Russ.).

4. Chuyko A. S. Priroda periodichnosti v razvitii proizvoditelnykh sil [The Nature of Periodicity in the Development of Productive Forces]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2013, No. 9 (63), pp. 34–45. (In Russ.).

5. Bolton H. The Elliott Wave Principle: A Critical Assessment. Unknown Binding, 1960, January 1.


Review

For citations:


Chuyko A.S. Business Activity in Cyclic Development of Economy and Stages in Investment Value Specialization. Vestnik of the Plekhanov Russian University of Economics. 2023;20(1):25-37. (In Russ.) https://doi.org/10.21686/2413-2829-2023-1-25-37

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)