Sergey Aleksashenko

Russian Federation

Macroeconomic Research Director, State University – Higher School of Economics (since 2008); Board member, Aeroflot-Russian Airlines (since 2008).

Previous positions: Worked at the Central Economics and Mathematics Institute of the Russian Academy of Sciences (1986-1989); at the Commission for Economic Reform of the Soviet Council of Ministers (the Abalkin Commission), helped develop the 500 Days Program on economic reform (1990-1991); Deputy Finance Minister of Russia (1993-1995); First Deputy Chairman of the Central Bank of Russia (1995-1998); Deputy General Director, then Executive Director of the Interros hold­ing company (2000-2004); President of Antanta Capital (2004-2006), Managing Director and later Head of the Russian branch of Merrill Lynch Investment Bank in Moscow (2006-2008); Honorary Professor of Jilin University, Changchun, China (1997).

Author of the book The Fight for the Rouble (1999), and many publications in Russian and foreign scientific journals on taxation issues, privatization, and economic sociology.

Participant of Annual Meetings: 2009, 2010

Participant of Russian-Chinese Section Conference “Russia and China in a new international environment”, 2010


Impact of Food Sanctions on Russian Consumers
Since restrictions on food imports to Russia have been introduced by the Russian authorities, the best way to mitigate the effects of these sanctions is to cancel them.
Real Causes of the Recession are Being Kept from Putin
The government should spend money on building new highways in and between large cities, developing aviation infrastructure, rescuing forests around Moscow that are being destroyed by timber beetles
Russia’s Future Depends on 'Good Governance'
The political and economic community and experts are well aware that Medvedev is, willingly or unwillingly, one of the top-ranking officials in Putin’s vertical of power. His political future depends
Membership of Prime Minister’s Expert Council
Russia’s current political structure leaves no room for any substantive parliamentary discussion. This new Expert Council will, at the very least, enable alternative viewpoints and proposals to be
Most of the President's Budgetary Statement Ideas are Targeted Towards 2018
The main problems of the budgetary policy are inherited from the previous 12 years of Putin’s rule. All those problems are well-known, and they have been debated by experts for many years while this
Davos 2012: What Will Happen to the Russian Economy?
The most important effect on the Russian economy from the European crisis is the tightening of the credit conditions. Since summer last year it is much more difficult for the Russian corporate banking
No Visible Results Of "Economic Modernization on the Medvedev Track"
It is a mistaken premise to expect modernization to be initiated from the top. A modern economy cannot develop in Russia without reforming its political institutions, such as the elections, the courts
Sergei Sobyanin – One Year Is Not Enough
Investors want the right kind of environment, better street traffic, and amendments to Russian legislation, not the construction of a new building. The Moscow government goes for flashy projects and
Russian Banking System Is Underdeveloped According to International Standards
Despite the size of Russia’s economy, its banking system has not experienced a strong growth in quality. Moreover, Russia periodically faces severe banking crises, as in 1998, 2004, 2008, and 2010/11.
Three Key Problems of the Russian Economy That Need to Be Addressed
Russia’s economy is plagued by three major problems: its poor investment climate, which includes ineffective institutions; weak competition; and the government’s excessive role in economic regulation.


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