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Economic Analysis: Theory and Practice
 

Russian and American long economic cycles influencing similar world cycles

Vol. 8, Iss. 11, APRIL 2009

Available online: 28 September 2009

Subject Heading: Forecasting and planning

JEL Classification: 

Mitus L.I. Russian Economic Academy in the name of G.V. Plekhanov
mitus_li@mail.ru

Nowadays Russia’s development falls behind many other countries. The author cares for studying the future of Russia in the world economic arena. Having looked into the economic history of Russia and the USA in terms of economic cycles the author draws a conclusion that Russia is enjoying a certain economic upturn at the beginning of the XXI century. The author believes that rational use of the resources will bring Russia from its fifth long economic cycle to the sixth one instead of settling down to a course of a backward country.

Keywords: long, economic, cycle, development, market, relations, period, environment, America, technology, rearmament, Russia; nanotechnology

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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