CONCERNING THE CYCLIC NATURE OF CRISES
https://doi.org/10.21686/2413-2829-2016-4-42-45
Abstract
At present we can observe the finance and economic crisis which happened in global scale. The article provides the notion of crisis, describes its principle characteristics and discloses the cyclic nature of crises. It is pointed out that crisis is one-two phases of the wave economic cycle. Different degree of economic disproportions is a result of economic wave lowering which corresponds to crisis. The author investigates the achievements of the cyclic theory and advantages that it provides for economic situation analysis, especially in conditions of the crisis. Undeveloped aspects of economic cycles are shown and their importance for analysis and prevention of deep sinking in crisis are illustrated.
About the Author
Irina N. Nazarova
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
The Head of the Laboratory of Graphic and Photographic Design of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
References
1. Kondrat'ev N. D. Bol'shie tsikly ekonomicheskoy kon#yunktury : doklad [Big Cycles of Economic Situation, report]. Problemy ekonomicheskoy dinamiki [Problems of Economic Dymanics]. Moscow, Ekonomika, 1989. (In Russ.).
2. Kondrat'evskie volny: dlinnye i srednesrochnye tsikly [Kondratiev Waves: Long and Middle-Term Cycles], eds. L. E. Grinin, A. V. Korotaev. Volgograd, Uchitel', 2014. (In Russ.).
3. Nevskaya N. A. Osnovnye indikatory tsiklichnosti ekonomiki: mirovoy i rossiyskiy opyt [Key Indicators of Economy Recurrence: Global and Russian Experience]. Vestnik of the Plekhanov Russian University of Economics, 2014, No. 6 (72), pp. 81–99. (In Russ.).
Review
For citations:
Nazarova I.N. CONCERNING THE CYCLIC NATURE OF CRISES. Vestnik of the Plekhanov Russian University of Economics. 2016;(4):42-45. (In Russ.) https://doi.org/10.21686/2413-2829-2016-4-42-45
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