Kondratiev wave
Kondratiev wave noun: a hypothesized cycle-like phenomenon in the modern world economy, said to range from 40 to 60 years and to consist of alternating intervals of high sectoral growth and relatively slow growth.
Noun
Kondratiev wave (plural Kondratiev waves)
- A hypothesized cycle-like phenomenon in the modern world economy, said to range from 40 to 60 years and to consist of alternating intervals of high sectoral growth and relatively slow growth.
- Each such wave, known as Kondratiev Wave, has all the four characteristics of a business cycle. It rises on the back of new technologies and new forms of enterprise; the expansion leads to a peak, then topples over into a crash and reaches the trough. […] The first Kondratiev wave of the Industrial...1992, Jyotiprasad Medhi, Statistical Methods: An Introductory Text, New Age International, →ISBN, page 335
- Synonyms:
- K-wave, supercycle
Synonyms of Kondratiev wave
Forms of Kondratiev wave
| plural | Kondratiev waves |
|---|---|
| alternative form | Kondratieff wave |
Origin of Kondratiev wave
Named after Soviet economist Nikolai Kondratiev (1892–1938), who was the first to bring the idea to international attention in his book The Major Economic Cycles (1925).
Questions about Kondratiev wave
- What does Kondratiev wave mean?
- Kondratiev wave means a hypothesized cycle-like phenomenon in the modern world economy, said to range from 40 to 60 years and to consist of alternating intervals of high sectoral growth and relatively slow growth.
- What part of speech is Kondratiev wave?
- Kondratiev wave is a noun.
- What is the plural of Kondratiev wave?
- The plural of Kondratiev wave is Kondratiev waves.
Words near Kondratiev wave in the dictionary
Source and license
Adapted from Wiktionary: Kondratiev wave (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “Kondratiev wave.” Word.ws, https://word.ws/kondratiev_wave. Based on Wiktionary, CC BY-SA 4.0.
