The monograph, prepared by leading specialists from the Department of World Economy of the Faculty of World Economy and World Politics of the National Research University Higher School of Economics, is the first in the domestic scientific literature to comprehensively cover the causes and consequences of the change in trend in global economic development (from recovery to crisis and subsequent economic recovery) of the leading developed and developing countries with economies in transition, including Russia. Contains an assessment of the scale of the decline in production, damage to the labor market and the social sphere. The authors analyze national and international strategies for overcoming the crisis and predict the general contours of the post-crisis economic picture of the world. For researchers, teachers, graduate students and students of economic universities and departments, as well as for everyone who is interested in current problems of the modern world economy.