IDEAS home Printed from https://ideas.repec.org/a/bpj/glecon/v9y2009i3n6.html
   My bibliography  Save this article

Thinking Outside the Cycle

Author

Listed:
  • Silvia John E

    (Wachovia Corporation)

  • Iqbal Azhar

    (Wachovia Corporation)

Abstract

Sounds that we hear on the radio are the product of music being superimposed on carrier waves. In a similar way, the economic cycles we have seen in recent decades have been carried on the evolution of the information technology (IT). In this paper, we put forth our view that the current financial crisis is driven by a structural change from outside of the financial world. Developments that alter the path of economic growth of the world are deemed to be structural changes. We believe that the IT revolution was a structural change in this sense of altering the path of growth and has been a root cause of the two most recent business cycles. An important factor that is often missed is the causal (cause and effect) relationship between various sectors and fields, which will prove to be important for decision-makers, policy-makers and researchers.

Suggested Citation

  • Silvia John E & Iqbal Azhar, 2009. "Thinking Outside the Cycle," Global Economy Journal, De Gruyter, vol. 9(3), pages 1-12, September.
    • Handle: RePEc:bpj:glecon:v:9:y:2009:i:3:n:6
    DOI: 10.2202/1524-5861.1515
    as

    Download full text from publisher

    File URL: https://doi.org/10.2202/1524-5861.1515
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.2202/1524-5861.1515?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Schularick Moritz, 2010. "Touching the Brakes after the Crash: A Historical View of Reserve Accumulation and Financial Integration," Global Economy Journal, De Gruyter, vol. 9(4), pages 1-13, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:glecon:v:9:y:2009:i:3:n:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.