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Economic Analysis: Theory and Practice
 

Methods of countercyclical regulation in the context of the global crisis

Vol. 8, Iss. 10, APRIL 2009

Available online: 18 September 2009

Subject Heading: Crisis management

JEL Classification: 

Markaryan V.R. Cand. Sc. (Economics), assistant professor, Russian Financial and Economic Institute of correspondence study (Krasnodar branch)
markaryanvr@mail.ru

Economic policy of the state in the XX century developed as an anti-recessionary and countercyclical one; economics has worked out a whole lot of measures of economic cycles control.
     That is why cyclic economic development is an external reality, crisis enables any country to correct its system of economic relations.
     The author proves that skilful use of fiscal policy tools and state influence measures may result in the country’s surmounting the recession and even in economic growth in terms of the global crisis.

Keywords: cycle, crisis, regulation, economy, relations, policy, recession, growth

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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