Theoretical analysis examines historical economic shifts across global systems, highlighting cyclical and non-cyclical drivers of technological and social change.
The search for sources and problems of economic development is an important area of macroeconomic theory, within which identifying the specifics of current and future development is a pressing theoretical issue. Studying the features of development in the context of the relationship between technology, capital, man and society helps to improve the understanding and management of the cause-and-effect chain of sequences of technological, economic and social changes in society. The main stages of development of the world economy since the first industrial revolution are studied, the mechanism of economic development as a set of cyclical fluctuations and non-cyclical influences is examined, the characteristics and specifics of the current stage of development of the world economy are analyzed and views on its future trajectory are systemized.
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Elena V. Krasova (2024) studied this question.
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