Definition of Kondratiev in English:

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Kondratiev

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 Kondratiev 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.

For editors and proofreaders

Line breaks: Kon|dra¦tiev

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