THE SYSTEMATIZATION OF CONCEPTS OF ECONOMIC CRISIS IN SCHOOLS OF ECONOMIC THOUGHT: FROM THE MARXIAN ECONOMICS TO THE POST-KEYNESIAN ECONOMICS

Abstract

Purpose. Research and systematization of the theoretical foundations and classical approaches to the economic crisis in the history of economic thought for the development of modern crisis management for the set of commercial banks in Russia. Methods. Historical approach is used: narrative method, comparative method, structural method; formal logic method. Results. In this paper, the author considered and systematized the views existing in schools of economic thought on the nature of crisis phenomena in the economy on the example of the economic thought of the Marxian economics, the Neoclassical economics, the Austrian School, the Institutional economics, the Keynesian economics, the Monetary economics and the Post-Keynesian economics. The Post-Keynesian approach allocated such type of agent as a set of traditional banks. The role of the central bank is therefore seen as supporting government efforts to stabilise the economy by creating a stable, low-interest financial environment for investment planning. The authors ' conclusions allow to increase the relevance of research and development of rehabilitation models for the set of commercial banks. The rehabilitation mechanism should be a general work of the regulator and the banking sector. Scientific novelty. Scientific novelty lies in the author's reasons of the crisis in the banking sector, which are based on the conceptualization of the ideas that underlie by the Schools of economic thought. The idea of early detection of the instability and support of the sector to a situation where the Bank has only two ways: revocation of the license or rehabilitation.