THE ANALYSIS OF CYCLIC RECURRENCE OF NATIONAL ECONOMY DEVELOPMENT

• Main Authors: Valentina Khobta, Irina Kladchenko
• Format: Article
• Language: English
• Published: Consilium LLC 2016-08-01
• Series: European Cooperation
• Subjects: development; economic dynamics; gdp; cyclic recurrence; harmonic analysis fourier; line spectrum; cycle’s characteristics
• Online Access: http://we.clmconsulting.pl/index.php/we/article/view/219

The paper deals with fundamental problem of economic development in terms of its complex and nonlinear character, compound form as a combination of general evolutional trend and cyclic components. Specific importance of cyclic recurrence as both ordering and fluctuating element of Ukrainian economic dynamics is stressed. Based on harmonic analysis Fourier and formed line spectrums, medium-term industrial cycle is determined among cyclic components of Ukrainian economic dynamics. General cycle’s characteristic of amplitude, frequency, phase and time-period are formulated. Math and graphic description of cyclic regularity of developmental macroindicators are given. In context of balanced development, comparing analysis of national and global economies dynamics is made.