Kondratieff wave

Kondratieff wave
/keuhn drah"tee ef', -tyeuhf/, Econ.
a long business cycle of economic expansion and contraction, postulated to last about 60 years.
[named after Nikolai Dmitrievich Kondrat'ev (1892-1935?), Russian economist, who postulated it]

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Universalium. 2010.

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