In the book the essential attention focuses on the problem of theory of crises and cycles, also of continental-regional types crisis 1990th. Also, the research considers their features in Asia and Latin America, their conjugation with Washington Consensus Doctrine. The author dissects dramatic fall of the USSR and difficult process of Russian economy transformation after the august 1998 default as a consequence of bankruptcy of Yeltsin’s defective state. Researching of global crisis which was started in 2008 (on example USA, European Union countries, Russia and some other) takes a central place. Consequences of the crisis showed in theoretical generalizations and conclusions. Impact of two different economic policy, neoclassical (monetary and liberal) and classical Keynesianism and Neokeynesianism, Causes of appearance great recession (2011–2013 years) are shown. Research of questions of the interaction of economic theory and policy, the justification of an alternative policy for Russia, as well as analysis of need of a paradigm shift in a changing world; formation of new conceptual approaches in the evolution of the modern state and economy; substantiates the upward trend in state regulation of economic processes, is feeling the effects of the new stage in the international division of labor and increasing socialization of the state.

For students, graduate students, university professors and researchers, and also experts in the field of economic, social and cultural development of the country, for all those who interested in the economic theory and its interaction with the state's economic policy.