Desai sees the global economic slowdown following the Lehman collapse and the transatlantic financial crisis in 2008 as the beginning of the downswing of a Kondratieff cycle
, after the 1992-2007 boom period.
The long Kondratieff cycle
lasts 50-60 years (Diebolt, Doliger, 2005).
The Sixth Kondratieff Cycle
the Era of Financial Market Instruments: A Reflection on the Australia vs US Subprime Mortgage Market, International Journal of Economics and Finance, 3(5), 37-41.
The Kondratieff cycle
is completed in 50-60 years, the Juglar cycle in 7-10 years, and the Kitchin cycle in 2-3 years.
There is also the 56-year Kondratieff cycle
of rise and fall in business cycles ending in the Kondratieff winter or depression.
Another possible explanation of the productivity slowdown is the transition from one set of technologies and industries to another, the famous Kondratieff cycle
The best heuristic model for the Age of State Socialism is the theory of long waves with its half a century long Kondratieff cycle
beginning after World War II and ending with the 1989 revolutions.
Similarly, Mandel (1980:36-61) argued that in European countries over the past one hundred years the intensification of workers' militancy during the long upswing phase of prosperity of the Kondratieff cycle
has forced employers to pursue "radical" technological innovations.
In the third chapter, a series of possible future economic scenarios presents a broad vision of the BRIMCs' nations in the 21st century, using hegemonic cycles and Kondratieff cycles
The Kondratieff cycles
thus last about 40-60 years.
One is the so-called Kondratieff cycles
that historically were 50--60 years in length.
Couching the economic evolution of the country within Kondratieff cycles
, McGillivray revisits Innis's staples theory, the subsequent era of economic protectionism and finally Canada's full economic integration into NAFTA.