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Europe, the US and the world economy: Alan Greenspan’s search for a fifth Kondradieff

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Author Info
Freeman, Alan

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Abstract

This paper was presented at 15:00 hours local time in Ankara, Turkey on 11th September 2001. On the basis of an economic analysis of the world economy it surmises an entry into an ‘age of war’ – a period of financial and military competition between advanced countries comparable to the period of classical imperialism from 1893-1918. At the close of the session which was 17:00 hours local time, being 8 hours ahead of Eastern time, hence 9:00am Eastern time, I was scheduled for an interview on Turkish television. ‘First, there is something you should see’, said the reporter. He led me to the television van where CNN footage showing an aircraft impacting the first trade tower. The second impact occurred as I watched. I emerged from the van five hours later and the interview never took place.

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File URL: http://mpra.ub.uni-muenchen.de/2591/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2591.

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Date of creation: Aug 2001
Date of revision: 11 Sep 2001
Handle: RePEc:pra:mprapa:2591

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Related research
Keywords: 9/11 World Economy Kondratieff Development Europe US value price TSSI temporalism profit rate polarisation inequality globalisation deregulation imperialism World Systems Theory unequal exchange dependency North-South

Find related papers by JEL classification:
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
O24 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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  1. Maravall, Agustin & Planas, Christophe, 1999. "Estimation error and the specification of unobserved component models," Journal of Econometrics, Elsevier, vol. 92(2), pages 325-353, October. [Downloadable!] (restricted)
    Other versions:
  2. Monica Billio & Jacques Anas & Laurent Ferrara & Marco Lo Duca, 2007. "A turning point chronology for the Euro-zone," Working Papers 2007_33, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
  3. Tommaso Proietti, 1998. "Characterizing Asymmetries in Business Cycles Using Smooth-Transition Structural Time-Series Models," Studies in Nonlinear Dynamics & Econometrics, Berkeley Electronic Press, vol. 3(3), pages 141-156. [Downloadable!] (restricted)
  4. Karla Hoff & Joseph E. Stiglitz, 2002. "After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies," Discussion Papers 0203-03, Columbia University, Department of Economics. [Downloadable!]
    Other versions:
  5. A. Dixit & P. Picard, 2002. "On the Role of Good Faith in Insurance Contracting," Princeton Economic Theory Working Papers 26c6897fd1cd46f8f39ffb6ca, UCLA Department of Economics. [Downloadable!]
    Other versions:
  6. Harding, Don & Pagan, Adrian, 2003. "A comparison of two business cycle dating methods," Journal of Economic Dynamics and Control, Elsevier, vol. 27(9), pages 1681-1690, July. [Downloadable!] (restricted)
  7. Gilles DUFRENOT & Dominique GUEGAN & Anne PEGUIN-FEISSOLLE, 2003. "A SETAR model with long-memory dynamics," Econometrics 0309002, EconWPA. [Downloadable!]
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