Andrei Dementiev

Professional Associations Membership

Memeber of the International Transportation Economics Association (ITEA)

Co-founder of the workshop on Railway Economics

Education

1999

Master's
HSE University

1997

Bachelor's
Nizhny Novgorod State Technical University

Continuing education / Professional retraining / Internships / Study abroad experience

Sep. 2011 – Dec. 2012	London School of Economics and Political Science, London, UK LSE Postgraduate Certificate in Education in the field of study Higher Education (Associate Level)
Jan. – Feb. 2002	Elaboration of the course on Advanced Macroeconomics (supervised by prof. Chris Pissarides)
Jul. – Aug. 2003 Aug. 2002 Jul 2001	LSE Summer School, Ec341 Industrial Organisation and Competition Policy (A+) LSE Summer School, Advanced Microeconomics LSE Summer School, Advanced Macroeconomics
Oct. – Nov. 2004 Oct. – Nov. 2003	Université Paris-I Panthéone Sorbonne, Paris, France Project of Cooperation between HSE and the French Universities Consortium Non-degree academic program on New Political Economy in Macroeconomics – I and II
Oct. – Nov. 2000	Erasmus University, Rotterdam, the Netherlands Tempus Tacis Mobility Joint European Project, Non-degree academic program for postgraduate students
Jun. 2015 Jun. 2014 Feb. 2011	Higher School of Economics, Moscow Price setting in suburban passenger transportation in Russia (Certificate #039097) Non-degree academic program: Spatial econometrics Non-degree academic program: Mathematica Software
Oct. 2012 Mar. 2000 Jul. 1999	New Economic School, Moscow Non-degree academic program: Microeconometrics (Certificate Э2-12/090) Non-degree academic program: Econometrics, Certificate after the final exam Non-degree academic program: Macroeconomics, Microeconomics, Certificate after the courses

Postgraduate Studies

12/1999 - 11/2002 Higher School of Economics, Moscow

ABD in Economics

PhD thesis: Natural Monopolies’ Reforms and Competition Policy: the case of Railway Transport in Russia (scientific advisor prof. Evgeny Yasin)

Professional Interests

railway reform regulatory reforms ownership structure new political economy inflation

Awards and Accomplishments

Best Teacher — 2026, 2024, 2022, 2017–2019, 2013–2015

Responsibilities

Analytical, consulting and expert support for HSE University’s participation in the OECD project Fostering and Assessing Students' Creative and Critical Thinking Skills in Higher Education, including:

Examination of teaching materials created by HSE University faculty members
Expert participation in the adaptation of OECD proposed headings for the evaluation of teaching interventions, taking into account the national and subject specificity of teaching at HSE University
Expert participation in the development of teaching materials and lesson plans for compliance with international requirements
Participation in the development of additional subject-specific assessment tools for creativity and critical thinking skills

Professional Interests

New political economy in macroeconomics
Infrastructure reforms
Economics of regulation
Inflation dynamics in Russia
Economics of football

Conferences

2015
XVI Апрельская международная научная конференция "Модернизация экономики и общества" (Москва). Presentation: Трансформация организационных форм в общественном секторе
Thredbo 14 International Conference Series on Competition and Ownership in Land Passenger Transport (Сатьяго). Presentation: Strategic partnerships: theory and evidence from suburban railway transport in Russia
Public-Private Partnerships: Design and Deliberation (Пермь). Presentation: Organizational transformation in the public sector

2014
Reforming Public Service Delivery (Лозанна). Presentation: Organisational choice in the public sector

Conferences and seminars in Russia

7-10/04/2015 Moscow, Russia	XVI^th April International Academic Conference on Economic and Social Development Report: Organisational transformation in the public sector (PDF, 329 Кб)
1-4/04/2014 Moscow, Russia	XV^th April International Academic Conference on Economic and Social Development Report: «Organisational choice in the public sector»
3-5/04/2012 Moscow, Russia	XIII^th International Academic Conference on Economic and Social Development Report: «On influence of Information Stickiness on Russian Inflation Dynamics» (with I.Bessonov)
6-8/04/2010 Moscow, Russia	XI^th International Academic Conference on Economic and Social Development Report: «Interaction between the Central Bank and the Government during Controlled Devaluation: the Role of Private Sector Indebtedness» (with A.Shulgin and E.Lozgacheva)
7-9/04/2009 Moscow, Russia	X^th International Academic Conference on Economic and Social Development Report: «Monetary Policy during Adaptive Learning of Expectations. Scenario of Macroeconomic Dynamics in Russia 1998-2008» (with A.Shulgin and E.Lozgacheva)
1-3/04/2008, Moscow, Russia	IX^th International Academic Conference on Modernization of Economy and Globalization Report: «Without a map: investment decisions under uncertainty about railway reform in Russia»
3-5/04/2007 Moscow, Russia	VIII^th International Academic Conference on Modernization of Economy and Public Development Report: «Regulated Competition and Regulators’ Competition: on the Prospects of the Railway Reform in Russia»
20/07/2006, Moscow	Expert RA Rating Agency Conference on Passenger Railway Transport Reform: from the Project to Implementation Report: International Experience of the Passenger Railway Transport Reforms and Introduction of Competition
19-23/05/2003 Moscow	World Bank Institute – Higher School of Economics Seminar: Macroeconomic Management for Financial Stability and Poverty Reduction Lecture: Inequality, Poverty and Quality of Growth

Research projects

Sep. 2014 – Dec. 2015	Economics Department, (HSE), Moscow Research project on endogenous organizational forms in public sector
Jan. 2014 – Dec. 2014	Fundamental Research Programme, (HSE), Moscow Research project on Russian inflation and sources of economic growth in post-crisis period in cross-country context
Feb. 2008 – Jun. 2009	ICEF Research Fund, (HSE), Moscow Research project on investment decisions under uncertainty about railway reform in Russia
May. 2007 – Dec. 2009	Center for Advanced Studies, (HSE), Moscow Research project on the Railway Passenger Reform in Russia
Sep. 2006 – Apr. 2007	Economics Department, (HSE) Research project on Regulated Competition and Russian Railways Reform
Mar. 2004 – Dec. 2004	National Training Foundation and ICEF (HSE) Research project on Competition in Russian Railways
Mar. 2003 – Dec. 2003	National Training Foundation and ICEF (HSE) Research project on Political Economy of Natural Monopolies’ Reforms
Jan. 2003 – Sep. 2003	Bureau of Economic Analysis, Moscow Cross-country Comparative Analysis of the Railway Sector Reforms with Application to Russia
Oct. 2001 – Dec. 2001	Bureau of Economic Analysis, Moscow Elaboration of the Principles and Mechanisms of the Structural Railway Transport Reform in Russia
Apr. 2000	Center for Strategic Research Foundation Elaboration of the Railway Transport Structural Reform Programme as a part of the “Deregulation Package”
Apr. – Dec. 2000	Moscow Public Scientific Fund, Moscow Project: Virtual Workshop “The Search for Efficient Institutions for Russia in the XXI century” Topics: Russian Reforms, Fostering Competition

INTERNATIONAL CONFERENCES AND SEMINARS

11-15/09/2011 Duban, RSA	Thredbo12 - 12^th International Conference on Competition and Ownership in Land Passenger Transport Report: Risk and Rewards in Public Transport Development Driven by Sport Mega-Events in Russia
11-13/10/2010, Glasgow, UK	ETC 2010 - European Transport Conference 2010 Report: Why To Invest In Rolling Stock When Future Industry Structure Is Uncertain? (The Case Of Railway Reform In Russia
20-25/09/2009, Delft,the Netherlands	Thredbo11 - 11^th International Conference on Competition and Ownership in Land Passenger Transport Report: Why local authorities partner with regional railways in Russia?
6-8/10/2008, Noordwijkerhout, the Netherlands	ETC 2008 - European Transport Conference 2008 Report: Why To Invest In Rolling Stock When Future Industry Structure Is Uncertain? (The Case Of Railway Reform In Russia
25/10/2007, Paris, France	Research Seminar at the Centre d'Analyse Théorique des Organisations et des Marchés (ATOM), Université Paris 1 Panthéon-Sorbonne Report: Vertical divestiture as a competitive strategy:The case of railway passenger transport reform in Russia
12-17/08/2007, Hamilton Island, QLD, Australia	Thredbo10 - 10^th International Conference on Competition and Ownership in Land Passenger Transport Report: Vertical divestiture as a competitive strategy:The case of railway passenger transport reform in Russia
19-21/10/2006, Madrid, Spain	Universidad Carlos III de Madrid (Spain) , NorthwesternUniversity Transportation Center, Institut D'Economie Industrielle (IDEI)) 4^th Conference on Railroad industry structure, competition and investment Report: Vertical divestiture as a competitive strategy:The case of Russian railways reform
20-22/10/2005, Stockholm, Sweden	Stockholm School of Economics, NorthwesternUniversity Transportation Center, Institut D'Economie Industrielle (IDEI)) Third Conference on Railroad industry structure, competition and investment Discussant of the paper «Make, or Buy, or Some of Both? The Case of Russian Railways» (by Russell Pittman)
5-9/09/2005, Lisbon, Portugal	Thredbo9 - 9^th International Conference on Competition and Ownership in Land Passenger Transport Report: Reforming Russian Railways: Introduction of Competition in Freight and New Challenges for Passenger Transportation
25-26/02/2005 Kyiv, Ukraine	Economics Education and Research Consortium/Economic Research and Outreach Center Research Conference on Market Power and Competition Policy in FSU Countries Report: Introducing Competition in Russian Railways
8-9/10/2004 Evanston, IL, USA	Northwestern University Transportation Center, Institut D'Economie Industrielle (IDEI) Second Conference on Railroad industry structure, competition and investment Report: Reforming Russian Railways for Competitions: First results and New Challenges
7-8/11/2003 Toulouse, France	Institut D'Economie Industrielle (IDEI), Northwestern University Transportation Center First Conference on Railroad industry structure, competition and investment
28/09 - 5/10/2003 London, Oxford	Transeuropean Centre of Commerce and Finance Seminar: Financial Settlements and Metering in Great Britain Electricity Sector

Non-academic publications

Causes and Solutions of Inflation in Today (with Ivan Shulga) / Russo-British Chamber of Commerce Bulletin, May, 2002, pp. 36-39.
Growth of Investments or Investment Growth? /Russo-British Chamber of Commerce Bulletin, December, 2001, pp. 32-36.
Natural Monopolies and Railway Reform / Russia on Russia , Issue 6: The Russian Economy Today, November 2001, pp.43-53. (with Doronkin V.)

Courses (2026/2027)

Macroeconomics (Advanced Level) (Master’s programme; Faculty of Economic Sciences field of study Finance and Credit; 1 year, 1, 2 module)Eng
Macroeconomics (Advanced Level) (Master’s programme; Faculty of Economic Sciences field of study Finance and Credit; 1 year, 1, 2 module)Eng
Macroeconomics (Advanced Level) (Master’s programme; Faculty of Economic Sciences field of study Finance and Credit; 1 year, 1, 2 module)Eng
Macroeconomics (Advanced Level) (Mago-Lego; Faculty of Economic Sciences)Rus
Past Courses

Timetable for today

Full timetable

Employment history

Member of Gerson Lehrman Group Council

Professional area of expertise – macroeconomics, network industries, economics of regulation

Public sector projects

European Commission (2013-2014), The Northern Dimension Partnership for Transport and Logistics - Description of a financial model for an electronic queuing system implementation
Expert Institute (2002) - A burden of the government: liberal alternative (chapter of natural monopolies)
Bureau of Economic Analysis (BEA) Foundation (08/2001 – 12/2001) - Elaboration of mechanisms and principles of the railway transport structural reform in Russia (for the Ministry of Antimonopoly Policy)
Russian Ministry of Railways - Economic modeling of the decision making process of the railway transport structural reform in Russia (12/2000 – 03/2001)
Russian Ministry of Railways - Financial and economic expertise of implementation lags in the railway transport structural reform in Russia. (05/2001 – 07/2001)
Russian Ministry of Railways - Mechanism of tariff coordination in the natural monopolies’ sectors in Russia (12/2000 – 03/2001)
Center for Strategic Research - Elaboration of the programme of structural reform of the federal railway transport in Russia (part of the ‘Deregulation Package’, 04/2000)

Private sector project

The impact of Russian Railways’ tariff policy on coal prices worldwide in 2003-2004
Due diligence of the Free Economic Zone in Sihanoukville, Cambodia, 2004-2005
Business plan preparation for the mobile and convergent telecommunication network operator, Cambodia, 2005-2006
Business plan preparation for the establishing International Internet Gateway, Lao PDR, 2007
Estimation of the tourist industry potential, Cambodia, 2006
Energy sector analysis, Cambodia, 2007
Due diligence of the cargo marine port, Vietnam, 2009
Business plan verification and financial analysis of the project of China Circuit Championship for FIA WTCC class cars, China, 2008
Business plan preparation and financial analysis of the TV channel, Ukraine, 2008-2013
KPMG. Assessing an impact of changing macroeconomic environment on housing construction in Russia, 2015

7

Apr

2025

The ICEF-FWE&IA Debate: Sanctions Impact on Russia’s Economy

_{The students of ICEF and the Faculty of World Economy and International Affairs (FWE&IA) held a debate where they discussed the upsides and the downsides of sanctions impact on Russia.}

Big celebration! ICEF Held the Graduation Ceremony for Bachelor’s and Master’s Class of 2024

Hosted in HSE Cultural Center, the ceremony welcomed in its crowded hall 200+ graduates who were joined by their parents, faculty, leaders of HSE and ICEF, and guests.

20

Feb

2024

‘When I Got Out of the Airport and Felt the Cold, I Was Like, “Oh, Welcome to Moscow”’

Ndubuisi Johnbosco Ezenwa, 28, is a recent graduate of the Master’s in Strategic Corporate Finance at the HSE University Faculty of Economic Sciences. In 2023, he won first place in the Finance category of the Student Research Paper Competition (SRPS) for his paper ‘Impact of the Target Firm's ESG Rating on the Bid Premium Paid in M&A Transactions.’ Although he returned to Nigeria in July 2023, Ndubuisi still has plenty to share about his time at HSE University in Moscow. Read on to learn why he recommends HSE University to anyone looking to seek out new knowledge.

21

Oct

2023

From Economic Thinking to Complex Case Solving: ICEF Academia Enters New Season

ChatGPT is unrivaled when it comes to academic paper screening, a routine it performs just seamlessly. But plodding away at routine is not what economists are valued for in the first place. It’s their economic thinking, soft skills, and ability to solve cases even with little verified data at hand. In their recently held opening session 2023, the managers, faculty and students of ICEF Academia spoke about how to gain these qualities and where they are needed most.

26

Aug

2022

ICEF Holds Summer Bridge School in Financial Economics

The ICEF Summer Bridge School prepares students from various countries and universities for their master’s studies. It is a short-term summer programme for students of bachelor’s and master’s programmes who are planning to apply to the Master’s in Financial Economics at ICEF and similar master’s programmes at other universities in the coming year. The participants of this year’s School included students from Uzbekistan, Russia, Ghana, Azerbaijan, Italy, Armenia, Nigeria, China, Turkey, and others.

10

Jan

2022

The Application for the ICEF Summer Bridge School Has Openеd

ICEF announces a Summer Bridge School in Financial Economics. The programme is designed for students admitted to the ICEF Master programme and for senior bachelor students who would like to prepare themselves for admission in 2023 or in 2024.

12

Feb

2021

'In the Future I Want to Open a Business School in Nigeria'

Graduate of HSE University and University of Luxemburg Tobi Oladiran from Nigeria reflects on his experience and takeaways from the Master’s programme in Strategic Corporate Finance and the double track it offers.

30

Oct

2020

Online Education: The ‘New Normal’ and Its Pitfalls

On the first day of the XI International Russian Higher Education Conference (RHEC), which was held online, representatives of universities and colleges discussed the impact of the coronavirus pandemic on Russia’s education system.

26

Dec

2016

Educational Innovations Competition Winners Announced

The results of the competition organized by HSE Fund for Educational Innovation have been announced.

Andrei Dementiev

Professional Associations Membership

Education

Continuing education / Professional retraining / Internships / Study abroad experience

Postgraduate Studies

Professional Interests

Awards and Accomplishments

Responsibilities

Professional Interests

Conferences

Conferences and seminars in Russia

Research projects

INTERNATIONAL CONFERENCES AND SEMINARS

Non-academic publications

Courses (2026/2027)

Courses (2025/2026)

Courses (2024/2025)

Courses (2023/2024)

Courses (2022/2023)

Courses (2021/2022)

Timetable for today

Employment history

Public sector projects

Private sector project

The ICEF-FWE&IA Debate: Sanctions Impact on Russia’s Economy

Big celebration! ICEF Held the Graduation Ceremony for Bachelor’s and Master’s Class of 2024

‘When I Got Out of the Airport and Felt the Cold, I Was Like, “Oh, Welcome to Moscow”’

From Economic Thinking to Complex Case Solving: ICEF Academia Enters New Season

ICEF Holds Summer Bridge School in Financial Economics

The Application for the ICEF Summer Bridge School Has Openеd

'In the Future I Want to Open a Business School in Nigeria'

Online Education: The ‘New Normal’ and Its Pitfalls

Educational Innovations Competition Winners Announced