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Provides an in-depth explanation of the underlying determinants of trade cycles and the essential political and other extraeconommic factors that are required for the timing of the all-important upswing. Ernest Mandel is the author of "The Formation of the Economic Thought of Ka…
Contributes not only to the theoretical literature on long waves, but also provides a coherent analysis of the present state of the world economy by bringing together labour, trade and industrial relations.
