Download or read book The Long Wave in the World Economy written by Andrew Tylecote and published by Routledge. This book was released on 2013-09-13 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long waves are cycles of some fifty years duration in which a period of rapid expansion is followed by one of slow growth of stagnation. This book provides a critical examination of long wave theory and an original explanation of long fluctuations which is highly relevant to the current crisis in the world economy.