Kondratieff waves are long cycles in economic activity, whose existence were predicted by the Russian economist N D Kondratieff. The cycles were thought to last about 40 years, the last downswing having been the Depression of the 1930s. Careful inspection of the data, however, provides little evidence to support the existence of these cycles. Research Kondratieff Waves
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Abbreviations
Research Kondratieff Waves
