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Mysterious Socio-Economic Disturbances and Cyclical Fluctuations

Ayub, Mehar and Ahsanuddin, Muhammad (2003): Mysterious Socio-Economic Disturbances and Cyclical Fluctuations. Published in: Conference Proceedings, Cambridge University , Vol. 1, No. 2005 (2005): pp. 1-13.

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Abstract

The mysterious and relatively less predictable cyclical fluctuations are known as ‘Business Cycle’ – one of the blackist in many black boxes in Economics. The patterns and ordering of the cyclical effects may vary for different economies. They depend on the socio-economic and political structure of the countries. The corporate arrangements, ownership structures, cash flows and employment are always affected in the recessions. The industrial and financial institutions – particularly, insurance companies, banks and securities firms - should always plan for their business with consideration of the patterns of business cycles.

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