WORLD CRISIS 2020 IN THE CONTEXT OF THE LONG WAVES THEORY BY N. KONDRATIEV Cover Image

МИРОВОЙ КРИЗИС 2020 ГОДА В КОНТЕКСТЕ ТЕОРИИ ДЛИННЫХ ВОЛН Н. КОНДРАТЬЕВА
WORLD CRISIS 2020 IN THE CONTEXT OF THE LONG WAVES THEORY BY N. KONDRATIEV

Author(s): Svetlana S. Galazova, Anna Egorenko
Subject(s): Economy, National Economy
Published by: Икономически университет - Варна
Keywords: long waves; technological structure; cycle; crisis; information technologies; information and digital revolution
Summary/Abstract: The article shows the connection of Kondratiev's theory of long waves and the crisis of 2020 with the digital information revolution taking place in the modern world. It describes the cycles (patterns) of five long periods of development of the world economy, which have already taken place and were accompanied by recessions and rises, and also provides a forecast of the development of the leading sectors of the national economy in the context of the sixth technological order.

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