Economic research centre

The Economic Research Centre is a non-state research centre established in 2003 as structural subdivision of Moscow University of Industry and Finance higher education institution.

Our purposes are:

• Organizing and conducting both fundamental and applied economic research.
• Carrying out custom research, consulting and educational works and projects.
• Publishing, information and analysis.
• Developing and updating educational programmes and courses.
• Assisting teachers and economic scholars in their further training.
• Training and involving students and trainees in research work.
• Research cooperation with similar subdivisions of other higher education institutions and companies by means of implementing various joint projects and consulting.

Moiseev Serguey Rustamovich

Chair of the Department, PhD in Economics

Also holding the office of Director of the MUIF Economic Research Center

Executive Secretary of the RSPP (Russian Union of Industrialists and Entrepreneurs) Banks and Banking Committee

Member of the Advisory Board of the Russian Regional Banks Association

Economic Advisor of the President of Russian Banks Association

Member of the Scientific Council of Moscow University of Industry and Finance

Member of the Editorial Board of the “Banking” magazine.

He is a holder of the MASI (Moscow State University of Economics, Statistics and Informatics) diploma cum laude, “Finance and Credit” specialty, “Banking business” Specialization. In 2003 he defended a Candidate’s dissertation titled “Inflationary targeting: international experience and perspectives in the Russian Federation” in the “Finance, Monetary Circulation and Credit” specialty at the MASI.

Financial research and consulting are his major professional activities. His scientific interests lie mainly in the sphere of industrial organization theory with respect to banking sector, bank competition and effectiveness, Central Bank activities and monetary policy and financial sector macroeconomics.

In 2001 he was awarded the special individual state Scientific Services prize of the President of the Russian Federation. He is a winner of scientific and research work contests held by the MMVB (Moscow Inter-bank Currency Exchange) and the National Currency Association in 2001 — 02.

He takes an active part in scientific research. He acted as a research supervisor in the following projects:

• “Banking sector after the “credibility crisis”” (2004).
• “Banking sector transparency. Rating of 200 largest banks” (2005).
• “The best experts of the banking sector. Polling of 100 largest banks” (2006).
• 'Russian banks effectiveness” (2006–07).
• “Consumer credit market” (2006, 2007).
• “The effectiveness of the Bank of Russia” (2007).
• “Banking system in Russia” (joint project with the RSPP, 2007).
• “Advisory board of the Central Bank; international experience and recommendations for the Bank of Russia” (2007).
• “Banks capital adequacy: lobbyism of the largest banks or a real threat?” (2007).
• “The effectiveness of the Bank of Russia” (2007).
• “Banking sector investment attractiveness” (2007).
• “Policy and practice of top managers rewarding in Russian banks” (2007).
• “Refunding system reform: ideas for the Bank of Russia” (2008).
• “Risk management in the Russian banking sector” (together with the International Bank Council, 2008).
• “Monetary policy transparency and increase in demand for information disclosure on the part of the Bank of Russia” (2008).
• “Proposal of establishing an international financial centre in the Russian Federation” (joint project with the RSPP, 2008).
• “The impact that the bank depositing of federal budget means has on the market” (2008).
• “The concept of enhancing retail financial services accessibility: measures of developing micro-financing in the Russian Federation in 2008–12” (together with NAUMIR, 2008).
• “Policy of maintaining financial stability in Russia” (2008).
• “Perspectives of controlling rouble rate” (2009).
• “Regulation of rating agencies in the national market” (2009).
• “Structure of price formation for rouble credits” (2009).
• “Overdue debts state control programme and banking sector rehabilitation” (2009).

Research projects implemented on the basis of the Economic Research Centre

Mr. Moiseev has more than three hundred articles published in such editions as Vedomosti, Kommersant, SmartMoney, Expert, Securities Market, Banking Business, Finance and Credit, National Bank Journal, Economic Issues, etc.

Latest publications

S. R. Moiseev’s blog at Slon.ru, electronic business newsroom.

He authors the following books:

• International financial markets and institutions — M.: MESI, 2001.
• International monetary relations. — М: Delo i Service, 2003, 2006.
• Inflation targeting. — М.: Market DS, 2004.
• Inflation: modern view of the ever-lasting problem. — М.: Market DS, 2004.
• Monetary policy. Theory and practice. — М.: Economist, 2005.
• Monetary encyclopedia. М: Delo i Service, 2006.
• Analysis of Russian banks effectiveness. — М.: Market DS, 2007.
• Banking. — М.: Market DS, 2007.
• Financial statistics: monetary and bank statistics. — М.: Knorus, 2007.
• Macro-economics. — М.: Knorus, 2008.

He acted as an official individual and collective opponent at the thesis defense at Moscow State University named after Lomonosov M.v. , State University of Management, Moscow State University of Economics, Statistics and Informatics and Moscow University of Industry and Finance.

Acting as opponent at thesis defense

Moiseev S.R. is considered a top-ranked expert in banking business and finance whose analytical research is in demand among business mass media. He makes comments on economic events in Russia and abroad on a regular basis (RBK-TV and TVTS TV channels; RBK Prime-TASS news agencies; Govorit Moskva, CITY-FM, Finam FM radio stations; Vedomosti, RBK-Daily, Kommersant, etc. print media).