Definition of Kondratiev in English:

Kondratiev

Line breaks: Kon|dra¦tiev
Pronunciation: /kɒnˈdrɑːtjɛf
 
/

noun

[usually as modifier] Economics
  • Each of a series of cycles or waves of economic contraction and expansion lasting about fifty years, postulated by Kondratiev in the 1920s: the fifth Kondratiev [as modifier]: longer-term Kondratieff waves of growth and decline
    More example sentences
    • This reversed money-tide epitomizes the deflationary phase of the Kondratiev cycle.
    • The deflationary spiral under the long-wave Kondratiev cycle is far from over, in spite of appearances.
    • I began giving students my Kondratiev handout and telling them to invest long term in IBM and wait for a fifth Kondratiev wave.

Origin

1930s: named after Nikolai D. Kondratiev (1892–circa1935), Russian economist.

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