Sergei Guriyev
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Sergei Maratovich Guriev (, ; born 21 October 1971) is a Russian economist, currently serving as the 10th
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and a professor of economics at the
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degree, Master's degrees in management and finance, Master of B ...
since August 2024. Previously at
Sciences Po Sciences Po () or Sciences Po Paris, also known as the Paris Institute of Political Studies (), is a public research university located in Paris, France, that holds the status of ''grande école'' and the legal status of . The university's unde ...
, he served as
provost Provost may refer to: Officials Ecclesiastic * Provost (religion), a high-ranking church official * Prince-provost, a high-ranking church official Government * Provost (civil), an officer of local government, including the equivalent ...
from 2022 to 2024 and as professor of economics from 2013 to 2024. He also served as chief economist of the
European Bank for Reconstruction and Development The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilat ...
from 2016 to 2019. He was a Morgan Stanley Professor of Economics and a rector at Moscow's
New Economic School New Economic School (NES) (in Russia known as Российская экономическая школа, РЭШ – "Russian Economic School") is a private institution of higher learning offering undergraduate and graduate programs in economic ...
(NES) from 2004 to 2013, before he resigned and moved to France following a search of his office and the seizure of his past five years of emails by the Russian government.


Biography

Sergei Guriev was born to an ethnic Ossetian family, on 21 October 1971 in
Vladikavkaz Vladikavkaz, formerly known as Ordzhonikidze () or Dzaudzhikau (), is the capital city of North Ossetia–Alania, Russia. It is located in the southeast of the republic at the foothills of the Caucasus, situated on the Terek (river), Terek River. ...
,
North Ossetia North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north'' is ...
. He received his straight As high school diploma in 1988 from Kyiv Physics Mathematics High School #145. In 1993 he graduated
summa cum laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sout ...
from
Moscow Institute of Physics and Technology Moscow Institute of Physics and Technology (MIPT; , also known as PhysTech), is a public university, public research university located in Moscow Oblast, Russia. It prepares specialists in theoretical physics, theoretical and applied physics, ...
with master’s degrees in Economics and Computer Science, and in 1994 received his PhD in Applied Mathematics from the
Russian Academy of Sciences The Russian Academy of Sciences (RAS; ''Rossíyskaya akadémiya naúk'') consists of the national academy of Russia; a network of scientific research institutes from across the Russian Federation; and additional scientific and social units such ...
. In 1997–98, he visited the Department of Economics at MIT on a post-doctoral fellowship. In 2002, he received a degree of Doctor of Science in Economics (habilitation degree) from the
Russian Academy of Sciences The Russian Academy of Sciences (RAS; ''Rossíyskaya akadémiya naúk'') consists of the national academy of Russia; a network of scientific research institutes from across the Russian Federation; and additional scientific and social units such ...
. In 2003–2004, he was a Visiting Assistant Professor at the Department of Economics at
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
. Guriev was an informal advisor and speechwriter to
Russian president The president of Russia, officially the president of the Russian Federation (), is the executive head of state of Russia. The president is the chair of the Federal State Council and the supreme commander-in-chief of the Russian Armed Forces. I ...
Dmitry Medvedev Dmitry Anatolyevich Medvedev (born 14 September 1965) is a Russian politician and lawyer who has served as Deputy Chairman of the Security Council of Russia since 2020. Medvedev was also President of Russia between 2008 and 2012 and Prime Mini ...
, in office from May 2008 to May 2012, during which time he also sat on government advisory boards and on the boards of state enterprises. He has also supported and advised Russian opposition leader
Alexei Navalny Alexei Anatolyevich Navalny (, ; 4 June 197616 February 2024) was a Russian Opposition to Vladimir Putin in Russia, opposition leader, anti-corruption in Russia, corruption activist and political prisoner. He founded the Anti-Corruption Found ...
, in particular, being one of the founding donors of his
Anti-Corruption Foundation The Anti-Corruption Foundation (ACF or FBK; ; ) is a non-profit organization established in 2011 by the Russian opposition figure Alexei Navalny. The FBK published investigations into alleged corruption by high-ranking Russian government official ...
in 2012, working for his 2013 Moscow Mayor electoral campaign, and serving as an informal advisor afterwards. He joined NES in 1998, become NES’ first tenure-track faculty member in 1999, and become a tenured professor and Rector in 2004. He was also teaching graduate courses in economics of development,
microeconomic theory Microeconomics is a branch of economics that studies the behavior of individuals and Theory of the firm, firms in making decisions regarding the allocation of scarcity, scarce resources and the interactions among these individuals and firms. M ...
and
contract theory From a legal point of view, a contract is an institutional arrangement for the way in which resources flow, which defines the various relationships between the parties to a transaction or limits the rights and obligations of the parties. From an ...
.


Departure from Russia

Guriev left Russia on 30 April 2013 after a “frightening and humiliating interrogation” as government investigators searched his office and secured 5 years of his emails due to his activities in a panel of legal and economical experts who critically assessed Russian position in the second
Yukos OJSC "Yukos Oil Company" (, ) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of ...
case. In 2015
Vladimir Putin Vladimir Vladimirovich Putin (born 7 October 1952) is a Russian politician and former intelligence officer who has served as President of Russia since 2012, having previously served from 2000 to 2008. Putin also served as Prime Minister of Ru ...
denied that Guriev’s departure “could have been related to any activities of the authorities”. In November 2023, the official Russian news agencies
TASS The Russian News Agency TASS, or simply TASS, is a Russian state-owned news agency founded in 1904. It is the largest Russian news agency and one of the largest news agencies worldwide. TASS is registered as a Federal State Unitary Enterpri ...
and
RIA A ria (; , feminine noun derived from ''río'', river) is a coastal inlet formed by the partial submergence of an unglaciated river valley. It is a drowned river valley that remains open to the sea. Definitions Typically rias have a dendriti ...
reported that Russia's
interior ministry An interior ministry or ministry of the interior (also called ministry of home affairs or ministry of internal affairs) is a government department that is responsible for domestic policy, public security and law enforcement. In some states, the ...
had placed him on a wanted list with
Sergey Aleksashenko Sergey Vladimirovich Aleksashenko also transliterated as Alexashenko (; born 23 December 1959) is a Russian economist and former government official. He was the deputy finance minister from 1993 to 1995, and first deputy chairman of the board of ...
, another economist in exile, on unspecified charges.


Awards

In 2001, Sergei Guriev was announced the Best Academic Manager in Social Sciences by the
Science Support Foundation Science is a systematic discipline that builds and organises knowledge in the form of testable hypotheses and predictions about the universe. Modern science is typically divided into twoor threemajor branches: the natural sciences, which stu ...
. In 2000 and 2005, he was awarded a gold medal for Best Research in Development Economics by the
Global Development Network The Global Development Network (GDN) is a worldwide network of research and policy institutes working to provide new perspectives to the development challenges of our time. A spin-off of the World Bank, GDN works to make policy-relevant research a ...
. In 2006, he was selected a Young Global Leader by the
World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
. He is currently a Senior Member of the Institut Universitaire de France, Ordinary Member of the Academia Europaea, and an Honorary Foreign Member of the American Economic Association.


Professional activities

Guriev’s primary interests are in contract theory,
corporate governance Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may ...
,
labor mobility Labor or worker mobility is the geographical and occupational movement of workers. Impediments to mobility are easily divided into two distinct classes with one being personal and the other being systemic. Personal impediments include physical loc ...
,
political economics Political or comparative economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Widely-studie ...
, economics of development and transition. His work has been published in international refereed journals, including the
American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal first published by the American Economic Association in 1911. The current editor-in-chief is Erzo FP Luttmer, a professor of economics at Dartmouth College. The journal is ...
,
The Review of Economic Studies ''The Review of Economic Studies'' (also known as ''REStud'') is a quarterly peer-reviewed academic journal covering economics. The journal is widely considered one of the top 5 journals in economics. It is managed by the editorial board currently ...
,
The Quarterly Journal of Economics ''The Quarterly Journal of Economics'' is a Peer review, peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Kat ...
, the Journal of the
European Economic Association The European Economic Association (EEA) is a learned society, professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. ...
, the
Journal of Economic Perspectives The ''Journal of Economic Perspectives'' (''JEP'') is an economic journal published by the American Economic Association. The journal was established in 1987. The JEP was founded by Joseph Stiglitz, Carl Shapiro, and Timothy Taylor. It is orien ...
, the
Economic Journal ''The Economic Journal'' is a peer-reviewed academic journal of economics published on behalf of the Royal Economic Society by Oxford University Press. The journal was established in 1891 and publishes papers from all areas of economics.The edito ...
and the
American Political Science Review The ''American Political Science Review'' (''APSR'') is a quarterly peer-reviewed academic journal covering all areas of political science. It is an official journal of the American Political Science Association and is published on their behalf ...
. He ran a monthly column in ''Forbes Russia'' (in 2006–2013) and a biweekly column for the leading Russian business daily ''
Vedomosti ( rus, Ведомости, p=ˈvʲedəməsʲtʲɪ, ) is a Russian-language business daily newspaper published in Moscow. History was founded in 1999 as a joint venture between Dow Jones, who publishes ''The Wall Street Journal''; Pearson, ...
'' (in 2003–2013). He has also contributed numerous columns in the ''
New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'', the ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'', the ''
Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
'', ''
Project Syndicate ''Project Syndicate'' is an international nonprofit media organization that publishes and syndicates commentary and analysis on a variety of global topics. All opinion pieces are published on the ''Project Syndicate'' website, and also distribu ...
'', and the ''
Moscow Times ''The Moscow Times'' (''MT'') is an Amsterdam-based independent English-language and Russian-language online newspaper. It was in print in Russia from 1992 until 2017 and was distributed free of charge at places frequented by English-speaking to ...
'', among others. In 2008–2012 he was a member of President of Russia’s Council on Science, Education and Technology, in 2010-12 he was a member of the President of Russia’s Commission on the National Projects, and in 2012–2013 he was a member of Government of Russia’s Commission on Open Government (2012–2013). Guriev is a Research Fellow at the
Centre for Economic Policy Research The Centre for Economic Policy Research (CEPR) is an independent, non-partisan, pan-European non-profit organisation. It aims to enhance the quality of policy decisions through providing policy-relevant research, based soundly in economic schola ...
(CEPR), London. He was also a Co-Editor of the Economics of Transition, and a Panel Member of the Economic Policy journal. He was a member of the Scientific Council of Bruegel think tank, member of the International Advisory Council of the Peterson Institute for International Council, member of the International Advisory Board of the Blavatnik School of Governance at Oxford University, and a member of the Strategic Council of the School of Public Affairs at Sciences Po, Paris. He is currently a member of the Executive Committee of the International Economic Association, a Global Member of the Trilateral Commission, and a member of AXA Research Fund’s Scientific Council. In 2016-2017, he served as the President of the Society for Institutional and Organizational Economics (formerly the International Society for the New Institutional Economics).


Board memberships

Guriev has been a board member at
Sberbank The Public JSC Sberbank (, initially a contraction of ) is a Russian majority state-owned banking and financial services company headquartered in Moscow. As the Russian successor entity of the State Labor Savings Banks System of the USSR, it was ...
(2008–2014), Agency for Home Mortgage Lending (2008–2013),
Russian Agricultural Bank Russian Agricultural Bank () is a 100% state-owned bank regulated by the Bank of Russia. RusAg provides lending support to Russian agribusiness companies. History Modern agribusiness production systems are capital intensive. A large portion of c ...
(2008–2009), Alfa Strakhovanie Insurance Company (2009–2013),
Russian Venture Company RVC () (JSC) is a state fund of funds and a development institute of the Russian Federation, one of Russia's key tools in building its own national innovation system. RVC is founded by Russian Government dated June 7, 2006 No. 838-р. In 2015, RV ...
(2009–2013, board chair in 2012–2013), E.ON Russia (2013–2014), and of the
Dynasty Foundation ''Dynasty Foundation'' was Russia's only private funder of scientific research. It was created by VympelCom founder Dmitry Zimin in 2002. After the Russian Ministry of Justice added ''Dynasty'' to its list of foreign agents in 2015 due to Zimin ...
(2007–2015, board chair in 2011–2013). In 2009 and 2010 he received the Independent Director of the Year prize from Russia’s National Association of Independent Directors. In 2010, he received a Certificate in Company Directorship from the UK
Institute of Directors The Institute of Directors (IoD) is a British professional organisation for company directors, senior business leaders and entrepreneurs. It is the UK's longest running organisation for professional leaders, having been founded in 1903 and inco ...
and was voted the Best Independent Director by the Association of Managers of Russia and the Russian Institute of Directors. From 2016 until 2019, Guriev was the Chief Economist and a member of the executive committee at the
European Bank for Reconstruction and Development The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilat ...
.


Selected publications

* Guriev, Sergei, and Daniel Treisman (2022). “ Spin Dictators: The Changing Face of Tyranny in the 21st Century”. Princeton University Press. * Fisman, Raymond J.,  Sergei Guriev, Carolin Ioramashvili, and Alexander Plekhanov (2024).
Corruption and Firm Growth: Evidence from around the World
. Economic Journal 134 (660): 1494–1516. * Cheremukhin, Anton, Mikhail Golosov, Sergei Guriev, and
Aleh Tsyvinski Aleh Tsyvinski (; ) is a Belarusian-American economist who is currently the Arthur M. Okun Professor of Economics at Yale University.he Political Development Cycle: The Right and the Left in People’s Republic of China from 1953
. American Economic Review, 114(4): 1107-39. * Zhuravskaya, Ekaterina, Sergei Guriev, Andrei Markevich (2024).
New Russian Economic History
. Journal of Economic Literature 62(1):47-114. * Emeric Henry,
Ekaterina Zhuravskaya Ekaterina Zhuravskaya is a Professor of Economics at the Paris School of Economics and EHESS. She was formerly a professor at New Economic School in Moscow and the academic director of the Center for Economic and Financial Research, the school's p ...
, Sergei Guriev (2022).
Checking and Sharing Alt-Facts
. American Economic Journal: Economic Policy 14 (3), 55-86. * Sergei Guriev and Elias Papaioannou (2022)
"The Political Economy of Populism"
Journal of Economic Literature 60(3): 753-832. *
Philippe Aghion Philippe Mario Aghion (; born 17 August 1956) is a French economist who is a professor at the , at INSEAD, at the London School of Economics., and at the Paris School of Economics. From 2002 to 2015, he was the Robert C. Waggoner Professor of Eco ...
, Sergei Guriev, and Kangchul Jo (2021).
Chaebols and firm dynamics in Korea
. Economic Policy 36(108): 593-626. * Sergei Guriev, Nikita Melnikov,
Ekaterina Zhuravskaya Ekaterina Zhuravskaya is a Professor of Economics at the Paris School of Economics and EHESS. She was formerly a professor at New Economic School in Moscow and the academic director of the Center for Economic and Financial Research, the school's p ...
(2021).
3G Internet and Confidence in Government
. Quarterly Journal of Economics 136(4): 2533-2613. * Adsera, Alicia, Dalla Pozza, Francesca, Guriev, Sergei, Kleine-Rueschkamp, Lukas, and Nikolova, Elena (2021).
Transition from plan to market, height and well-being
” Economic Policy 36(105): 77-120. * Sergei Guriev and Daniel Treisman (2020).
The popularity of authoritarian leaders: A cross-national investigation
. World Politics 72(4): 601-638. * Ananyev, Maxim, and Sergei Guriev (2019).
The effect of income on trust: the evidence from 2009 crisis in Russia
. Economic Journal 129(619): 1082-1118. * Guriev, Sergei, and Daniel Treisman (2019). “Informational Autocrats". Journal of Economic Perspectives 33(4): 100-127.  * Guriev, Sergei (2019).
Gorbachev vs. Deng: A Review of Chris Miller’s The Struggle to Save the Soviet Economy
. Journal of Economic Literature 57(1), pp. 120-46. * Guriev, Sergei (2018).
Economic Drivers of Populism
. American Economic Review: Papers and Proceedings 108, pp. 200-203. * Algan, Yann, Sergei Guriev, Elias Papaioannou, and Evgenia Passari (2017).
The European Trust Crisis and the Rise of Populism
. Brookings Papers on Economic Activity 48(2), pp. 309-400. * Cheremukhin, Anton, Mikhail Golosov, Sergei Guriev, and
Aleh Tsyvinski Aleh Tsyvinski (; ) is a Belarusian-American economist who is currently the Arthur M. Okun Professor of Economics at Yale University.The Industrialization and Economic Development of Russia through the Lens of a Neoclassical Growth Model
. Review of Economic Studies 84(2): 613-649. * Guriev, Sergei, and Nikita Melnikov (2016).
War, Inflation, and Social Capital
” American Economic Review: Papers and Proceedings, 106(5): 230-235. * Guriev, Sergei, and Mikhail Klimenko (2015).
Duration and Term Structure of Trade Agreements
” Economic Journal, 125(589): 1818-1849.  * Egorov, Georgy, Sergei Guriev, and Konstantin Sonin (2009).
Why Resource-Poor Dictators Allow Freer Media: A Theory and Evidence from Panel Data
. American Political Science Review, 103(4), 645-668. * Guriev, Sergei, and
Ekaterina Zhuravskaya Ekaterina Zhuravskaya is a Professor of Economics at the Paris School of Economics and EHESS. She was formerly a professor at New Economic School in Moscow and the academic director of the Center for Economic and Financial Research, the school's p ...
(2009).
(Un)Happiness in Transition
. Journal of Economic Perspectives, 23(2), 143-68. * Bhattacharya, Sudipto, and Sergei Guriev (2006).
Knowledge disclosure, patents and the optimal organization of R&D
. Journal of European Economic Association, 4(6), 1112-1147. * Friebel, Guido, and Sergei Guriev (2006).
Smuggling humans: A theory of debt-financed migration
. Journal of European Economic Association, 4(6), 1085-1111. * Guriev, Sergei, and Dmitriy Kvasov (2005).
Contracting on time
. American Economic Review, 5(5), 1369-1385. * Friebel, Guido, and Sergei Guriev (2005).
Should I stay or can I go: attachment of workers through in-kind payments
. World Bank Economic Review, 19(2), 175-202. * Guriev, Sergei, and Andrei Rachinsky (2005).
The Role of Oligarchs in Russian Capitalism
. Journal of Economic Perspectives, Winter 2005, 131-150.


References


External links

* *
Personal website
{{DEFAULTSORT:Guriyev, Sergey Living people Ossetian academics Russian economists Echo of Moscow radio presenters Moscow Institute of Physics and Technology alumni People from Vladikavkaz Russian emigrants to France 1971 births People listed in Russia as foreign agents Academic staff of Sciences Po