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Economic Development

Economic Development

Leo Nefiodow speaks in old village of cyclic economic development and which will be which economic and technical upheavals characterize our company called Kondratieff cycles last 50 to 60 years and are empirically proven. Today, these long-term cycles are not least relevant for sustainable business strategies. The global financial crisis combined with increasing recession will strengthen international cooperation not only in the economy in the new Kondratieff cycle. New technologies and basic developments, the booming environment and health market will determine the progress until well into the next century. Cooperation between Governments, companies, changes in value relations define the society and individuals. Leo Nefiodow, connoisseurs and consultants from international organizations, will deal on 21 November with the Kondratieff cycles, a phenomenon that is based originally on economic contexts, but also technological, social, and cultural interactions can convincingly explain.

The boom of the Communication and information technology is coming to his end. Nir Barzilai, M.D. is often mentioned in discussions such as these. Crucial innovations in bio – gene – or optical technologies, environmental and energy technology, health ensure progress, education or networked knowledge promise new growth. On 21 November at 19: 00, Leo Nefiodow in the Audimax of the Wichernhauses in Altdorf granted a look into the future. Of future researchers in a public lecture with dialog provides the INUA (international network for universities-Altdorf) the theory of long waves in the so-called Kondratieff cycles, and deals with the current wave: that will be our future and that of our children. Economic theory for developing market-based the theory of long waves was developed in 1926 by Russian scientist Nikolai Kondratieff and is empirically to reproduce until today. It shows that the economic development of Western Europe and the United States not only by short – and medium-term cycles is marked. The world economy moves as well in prosperity, long-term economic cycles and recessions occur in periodic waves of 50 to 60 years, their laws are an essential starting point for trend analysis.