Sergei Aleksashenko

Scholar in Residence
Economic Policy Program
Moscow Center
Aleksashenko, former deputy minister of finance of the Russian Federation and former deputy governor of the Russian central bank, was a scholar-in-residence in the Carnegie Moscow Center’s Economic Policy Program.
 

Education

B.A. and Ph.D., Central Economic and Mathematical Institute, USSR Academy of Science

Languages

English; Russian

Contact Information

Resources

 

Sergei Aleksashenko is no longer with the Carnegie Endowment.

Sergei Aleksashenko, former deputy minister of finance of the Russian Federation and former deputy governor of the Russian central bank, was a scholar-in-residence in the Carnegie Moscow Center’s Economic Policy Program. His research focused on Russia’s integration into the global economy and its recovery from the global financial crisis, including analyzing the causes and potential long-term consequences of the crisis for the country, as well as the measures taken by the Russian government to stabilize the situation.

Aleksashenko is also the director of Macroeconomic Studies at Moscow’s Higher School of Economics, a position he has held since 2008. He served as managing director and head of Merrill Lynch’s Moscow office from 2006 to 2008, and as deputy director general and managing director of Interros, a Russian private investment company, from 2000 to 2004. From 1995 to 1998, he was first deputy chairman of the Russian central bank, where he was responsible for monetary and currency policy.

From 1993 to 1995, he served as deputy minister of finance, responsible for macroeconomic and taxation policy. While working for both the Russian central bank and the Ministry of Finance, Aleksashenko was in charge of negotiations with the International Monetary Fund.

The author of numerous articles on Russia’s economy, he is also the author of Battle for the Ruble (Alma Mater, Moscow, 1999; Vremya, 2008). He currently serves on the board of Aeroflot-Russian Airlines and the Russian National Reserve Bank.

  • International Economic Bulletin June 7, 2012
    Russia: The Dust Has Not Yet Settled

    It may seem that Russia's political scene has finally stabilized. But tensions persist and permeate the highest levels of government and structural economic factors cannot be counted on to favor the Russian establishment.

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  • International Economic Bulletin March 15, 2012
    Russia: The More Things Change, the More They Stay the Same

    Putin's economic agenda offers only more of the same heavy-handed policies that have failed to modernize Russia and made the country more vulnerable to external shocks.

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  • Op-Ed International Affairs January 20, 2012
    Russia’s Economic Agenda to 2020

    Russia faces serious economic challenges, including a demographic crisis, corruption, weak enforcement of property rights, and over-reliance on hydrocarbons. A combination of structural political and economic reforms is required to save the country from stagnation.

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  • International Economic Bulletin December 15, 2011
    Russia: Politics, First of All

    The political turmoil in Russia, though not directly affecting the economic landscape, could expose vulnerabilities in the Russian economy if nervous foreign investors continue to retreat.

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  • Duma Elections: Expert Analysis
    Article December 13, 2011 Русский
    Duma Elections: Expert Analysis

    Tens of thousands of Russians took to the street in protest over voter fraud allegations in the country’s parliamentary elections. It remains to be seen what this public response and the election results will mean for the country’s future.

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  • Russia in the WTO
    Q&A December 7, 2011 Русский
    Russia in the WTO

    Almost two decades after negotiations began Russia is set to join the World Trade Organization. Russia, the biggest country to enter the WTO since China joined ten years ago, is expected to be confirmed as a member during the ministerial meeting in mid-December.

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  • International Economic Bulletin November 3, 2011
    Putin Will Inherit a Different Economy

    When Vladimir Putin reclaims Russia’s helm in 2012, he will have to manage an economy that has lost its momentum and is approaching stagnation. Falling oil and gas revenues will only make his job more challenging.

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  • No Visible Results of “Economic Modernization on t
    Op-Ed Valdai Discussion Club November 3, 2011
    No Visible Results of “Economic Modernization on the Medvedev Track”

    Russians should not expect modernization to be initiated from the top. Nor can a modern economy develop in Russia without reforming its political institutions, such as elections, the courts, and the law enforcement agencies.

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  • International Economic Bulletin July 21, 2011
    Russia: Stable but Critical

    Russia’s next president must improve financial regulation and reduce the country’s dependence on oil revenue in order to prevent economic growth from deteriorating in the coming years.

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  • Russia in Mid-2011
    Policy Outlook June 22, 2011
    Russia in Mid-2011

    Russia’s recovery from the global economic crisis has been slow, constrained by a number of economic and political structural problems. Until they are resolved, these issues will continue to hinder Russia’s development.

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Source: http://carnegieendowment.org/experts/index.cfm?fa=expert_view&expert_id=460

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