Resumen

FERNANDEZ TABIO, Luis René. Economic Transformations and Economic Policies in the United States. Recessions from 1970 to 2020. Econ. y Desarrollo [online]. 2021, vol.165, n.2  Epub 09-Mar-2021. ISSN 0252-8584.

Economic crises can be analyzed as part of the economic cycle and from different theoretical perspectives. The article considers economic crises or recessions, in general, as capitalism's own mechanisms to alleviate its contradictions and restore, at least partially, the previous accumulated imbalances. The period 1970 to 2020 covers eight economic crises, some of which determine changes in the internal structure, economic policy trends and the functioning of the U.S. economy, as the main center of the world economy. The purpose of this paper is to examine the set of economic crises of the last fifty years in a panoramic manner, to evaluate them as part of the process of major economic transformations and associated economic policies.

Palabras clave : economic cycles; economic structure; economic policy.

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