ABSTRACT
Most of the literature on conceptualising cycles has tended to focus on generic cycles, with the conceptions of cycles pertaining to individual countries being those of advanced countries, particularly the United States. The review of the literature on cycles needs to begin with the conception of the generic cycle. Most studies of cycles in individual countries are of advanced economies, particularly the United States, Europe, and Japan, with conceptualisations being the sort of generic conceptualisations. Compared with generic cycle identification, there is a relative dearth of studies on global cycle identification. An observation regarding the various mainstream methods of cycle identification is that they seem to be at odds with the implicit conception of cycles underlying their analyses, i.e., cycles as random and non-regular movements in economic activity. Compared with generic cycle identification, there is a relative dearth of studies on global cycle identification.
