Abstract
The purpose of this article, within the framework of cyclical fluctuations in the global economic situation, is to consider the two largest crises of our time - the global crisis of 2007-2009 and the crisis of 2019- 2021. The comparative analysis of their depth and consequences was carried out Common features and their specifics were identified in various groups of countries based on the economic indicators of Russia, the USA and the European Union. Anti-crisis policy measures, the use of fiscal instruments and monetary regulation are considered, and their effectiveness is compared. An analysis of anti-crisis steps showed that, despite the commitment of the governments of some countries to the monetary model of regulation, the time has come when objective economic reasons force them to use the tools of the neo-Keynesian model. Signs of a change in political course towards strengthening state participation in the economy are considered to solve structural problems that are deepening crises, and to overcome the protracted stagnation.
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