CYCLE THEORY AND ECONOMIC DEVELOPMENT IN RUSSIA

Authors

  • M. M. Kulikov South-Russia State Polytechnical University (NPI) named after M. I. Platov, Prosvescheniya str., 132, Novocherkassk, Russian Federation Author

Keywords:

theory of cycles; the causes of cyclicity; long Kondratyev cycles; Russia's economy; forecast; rates of growth

Abstract

The essence of cyclical development of the economy, types and stages of the cycle is considered. The reasons of
cyclicity and the influence of cycle of processes in the economy are identified. The characteristics and duration of long
Kondratyev cycles are considered. The main technologies that characterize the fourth, the fifth and the sixth Kondratyev
cycles are described. The main features of the sixth Kondratyev cycle and the changes that will occur in the global
economy during it are evaluated. The main aspects of the development of the Russian economy since 1991 are identified. The reasons for the growth, the recession and the measures that the government should implement to promote economic development in the Russian Federation are shown. Target and conservative forecasts for the Russian economy
for the period of 2016—2018 are presented. On the basis of the analysis the directions which will help to accelerate the
rates of Russia's economic growth due to the start of the sixth Kondratyev cycle are suggested.

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Published

2017-03-06

Issue

Section

08.00.05 Экономика и управление народным хозяйством