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Alexander Plekhanov

Alexander Plekhanov

Director for Transition Impact and Global Economics


Alexander Plekhanov is a Director for Transition Impact and Global Economics at the EBRD Office of the Chief Economist.

He edits EBRD’s annual economic report, the Transition Report, and Regional Economic Prospects. He has worked on global macroeconomic issues as well as a country economist on a number of countries, including Belarus, Kazakhstan, Mongolia and Russia.

Prior to joining the Bank, Alexander worked as an economist at the International Monetary Fund.

Research interests

Fiscal policy, fiscal decentralisation

Commodity-based development and economic diversification

International trade and investment

Education

2006 - Ph.D. in Economics, University of Cambridge 

Journal articles

Fisman, Raymond, Sergei Guriev, Carolin Ioramashvili and Alexander Plekhanov, 2024, "Corruption and Firm Growth: Evidence from around the World", Economic Journal

Koczan, Zsoka, and Alexander Plekhanov, 2023, "Scarred for life? Recession experiences, beliefs and the state", International Tax and Public Finance

Gamtkitsulashvili, Tea, Alexander Plekhanov and Alexander Stepanov, 2023, “Killing two birds with one stone? Sound investment with social impact”, Economics of Transition and Institutional Change

Gamtkitsulashvili, Tea, and Alexander Plekhanov, 2023, "Mobility and economic activity around the world during the Covid-19 crisis", Applied Economics Letters , 2001419.

Byrne, Kieran, and Alexander Plekhanov, 2021, "Education reforms and adult skills: Evidence from Estonia", Economics of Education Review, Vol. 82, 102106.

Freinkman, Lev, and Alexander Plekhanov, 2009, "Fiscal Decentralization in Rentier Regions: Evidence from Russia", World Development, Vol. 37, pp. 503–12.

Plekhanov, Alexander, and Raju Singh, 2006, "How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence", IMF Staff Papers, Vol. 53, pp. 426–52.

Working papers

Chupilkin, Maxim, Beata Javorcik, Aleksandra Peeva and Alexander Plekhanov, 2023, "Exorbitant privilege and economic sanctions", EBRD Working Paper 281.

Chupilkin, Maxim, Beata Javorcik and Alexander Plekhanov, 2023, "The Eurasian roundabout: Trade flows into Russia through the Caucasus and Central Asia", EBRD Working Paper 276.

Carruthers, Anna, and Alexander Plekhanov, 2023, "Attitudes, belief and reforms: Measurement and stylized facts", EBRD Working Paper 283.

Plekhanov, Alexander, and Joseph Sassoon, 2023, "Gas consumption in Europe during the winter of 2022-23", EBRD Working Paper 284.

Plekhanov, Alexander, and Marta Skrzypinska, 2022, “Cross-border spillovers from reducing non-performing loans”, EBRD Working Paper 265.

Balgova, Maria, Alexander Plekhanov and Marta Skrzypinska, 2017, “Reducing non-performing loans: Stylized facts and economic impact”, paper presented at the American Economic Association meetings.

Policy writing, books and reports

Bircan, Cagatay, Zsoka Koczan and Alexander Plekhanov, 2020, “Jobs at risk: Early policy responses to COVID-19 in emerging markets”, in Djankov, S., and U. Panizza, eds, “Covid-19 in developing economies”, Centre for Economic Policy Research.

Eight things you should know about middle-income transitions, EBRD report, 2019 [editor]

Koczan, Zsoka, Alexia Latortue, Caroline Pearce and Alexander Plekhanov, 2019, “Creating livable Cities: Emerging Europe, Central Asia and the Southern and Eastern Mediterranean”, in “Creating Livable Cities: Regional Perspectives”, Regional Development Banks’ Report

Diversifying Russia: Harnessing regional diversity, EBRD Report 2012 [editor]

Guriev, Sergei, Alexander Plekhanov, and Konstantin Sonin, 2012, ”Development Based on Commodity Revenues?”, in Bertrand Munier, ed., 2012, Global Uncertainty and the Volatility of Agricultural Commodity Prices, pp. 75–110.

Kumar, Manmohan S., Daniel Leigh, and Alexander Plekhanov, 2007, "Fiscal Adjustments: Determinants and Macroeconomic Consequences", in Fiscal Policy: Current Issues and Challenges, Bank of Italy, pp. 247–82.Oth