Abstract

The article is devoted to defining the features of Roosevelt's "New Deal", expediency of applying the American experience in modern Ukrainian realities. In the 1930s, after significant economic growth, the United States found itself in one of the most famous economic crises in world history. There was significant decline in production, inflation, mass unemployment, collapse of securities market and banking system. In order to achieve a pre-crisis stage of development, decisive actions aimed at the economic revival of the country were urgently needed. New president F. Roosevelt proposed and implemented such measures. His course to improve the situation included a set of reforms directed at rebuilding various sectors of national economics. Roosevelt's policy was primarily based on the idea of need for state regulation of economy. The viability and strength of any system are depended from number of connections among its components. That was laid by Roosevelt in basis for further gradual development of American economics. Roosevelt's practical measures were often based on analytical justification. The president in his own actions adhered to the principle of Machiavelli: most difficult decisions in emergencies should be implemented quickly. He realized that development of infrastructure in a broad sense is a necessary step for further growth. The president supported his own projects with social programs for the benefit of ordinary Americans and with job creation. During formation of New Deal policy, Roosevelt used Christian principle - attempt that government was not a mechanical device, but became embodiment of human mercy. Totally, recessions time to time cover the world economy, causing falling production volumes, mass unemployment, and financial insolvency of powerful banking structures. Many experts are in search of a way out of crisis situations turn to study of the experience of socio-economic policy of Roosevelt. Thus, today the research of necessity of state intervention in economic processes by means of extension of public investment, realization of wellness reforms in various sectors of economics for stimulation of national development are actual issue.

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