September 3, 2018. A collective monograph “The US Economy in the XXI Century: Challenges and Development Trends” was published under the editorship of Dr. Sc. V.B. Supyan.

The US economy in the XXI century: challenges and trends \ [Aksenov PA and etc.]; rep. ed. V.B. Supyan; Federal State Budgetary Institution of Science Institute of the USA and Canada RAS. – M .: All the World Publishing House, 2018. – 424 p.
© Institute for American and Canadian Studies, 2018
© The Whole World Publishing House, 2018
ISBN 978-5-7777-0734-5
A collective monograph prepared by the staff of the Institute of the United States and Canada of the Russian Academy of Sciences is devoted to the latest trends and contradictions in the development of the world’s largest economy – the US economy. Particular attention is paid to the state and prospects of the American economy after the devastating financial crisis of 2008–2009. The monograph, consisting of seven sections, discusses the features of the post-crisis economic development after the presidential elections of 2016. The state and trends of the financial market and budget, the state and prospects of social development, the role and place in the economic development of scientific and technical potential, the US position on global financial markets. Special attention is paid to the work of the state of the agricultural sector of the country, as well as the state and prospects of the energy sector and the US energy strategy.
UDC 330.101.541 (73)
BBK 65.617 (7Coe)
Authors:
Aksenov P.A., Ph.D. (ch. 14); Vasiliev V.S., Doctor of Economics (Ch. 4, 5); Ermakov SA, (ch. 15, et al.); Zhiganova L.P., Ph.D. (Ch. 15, et al.); Korneev A.V., Ph.D. (Ch. 18, 19); Korotkikh AA, Ph.D. (Ch. 16, et al.); Lanshina T.A., Ph.D. (Ch. 11, et al., Ch.20); Lebedeva L.F., Doctor of Economics (Ch. 6, 7, 8); Ovchinnikov OG, Doctor of Economics (Ch. 15, et al., 17); Petrovskaya N.E. Ph.D. (Ch. 8); Tailor MA Dan. (Ch. 3, 12, 13); Ray A.I. Ph.D. (Ch. 11, et al.); Sudakova N.A. Ph.D. (Ch. 9, 10); Supyan V., B. Dan. (Preface Ch. 1, 2); Terentyeva A.S., Ph.D. (ch. 16, et al.)

CONTENT

Foreword
Section I.
POSTCRISIS DEVELOPMENT OF ECONOMY

Chapter 1. The US economy: trends and challenges of the current decade
1.1. Economic recovery: results, factors and prospects
1.2. Long-term financial challenges
1.3. Other long-term issues

Chapter 2. USA: Prospects for Economic Development after the 2016 Presidential Election
2.1. The state of the economy: trends and factors of development
2.2. Outlines of the New Economic Policy: Plans and Opportunities

SECTION II.
TRENDS OF DEVELOPMENT OF THE FINANCIAL MARKET AND BUDGET

Chapter 3. Characteristic features of the US financial market at the beginning of the XXI century.
3.1. The structure of the US financial system
3.2. Banks in the US financial market
3.3. Pension Funds
3.4. Collective investment funds
3.5. Derivatives in the US financial market

Chapter 4. Fiscal policy and its impact on the economic development of the United States
4.1. Multiplicative effects of US fiscal policy
4.1. Structural features of anti-crisis stimulation of the American economy in 2009-2015
4.2. The financial crisis of 2007-2009. and a fundamental change in the US economic growth mechanism

Chapter 5. The fiscal policy of the B. Obama administration in the year of the presidential election in 2016
5.1. The state of the economy as a key factor in determining the outcome of the US presidential election
5.2. Obama Administration’s Fiscal Policy Strategic Goal: To Win “Upward Trend”
5.3. Theoretical justification for the active use of fiscal policy for political purposes
5.4. The ongoing development of the US economy in 2016 and predictions of the outcome of the presidential election
6.5. The stimulating role of the monetary policy of the Fed in the 2016 presidential campaign

Section III.
The state and prospects of development of the social sphere

Chapter 6. US Social Benchmarks: New Approaches
6.1. Changing priorities
6.2. Human development in the light of budget constraints

Chapter 7. Challenges of the beginning of the XXI century in the social and labor sphere

Chapter 8. Employment Trends of Immigrants in the USA

SECTION IV.
CONDITION AND PROSPECTS OF DEVELOPMENT OF SCIENTIFIC AND TECHNICAL CAPACITY
Chapter 9. The role of universities in economic development and the preservation of innovative leadership in the United States
9.1. University performance that can contribute to economic growth and innovative development
9.2. University participation in technology development and transfer
9.3. Contribution of university-licensed inventions to the development of the US economy
9.4. Modern benchmarks for innovative and entrepreneurial universities

Chapter 10. The role and place of state-funded research centers in the US scientific complex
13.1. FFNIC – quasi-governmental organizations
13.2. The emergence and evolution of FFNIC
13.3. Mission, principles of creation and functioning of FFNIC
13.4. Types FFNIC and their distribution
13.5. Criticism FFNITS

Chapter 11. The Role of the US Contracting System in Generating Innovations
11.1. Bureaucracy, innovation and inefficiency
11.2. The history of the evolution of the innovative role of the contract system
11.3. Ethical problems of government orders for R & D
11.4. Special