A Guide to the Russian Academy of Sciences - University of Texas ...

to the scholastic, Soviet-Marxist tradition and asserted instead the positive
methodology of economic research, insisting on the necessity of decentralization
and on the development of market mechanisms.
Now, the focus of research at CEMI encompasses theoretical modelling and the
development of mathematical, computer, and empirical methods for the study of the
economic transition.
STRUCTURE
At present, CEMI is comprised of four departments:
The Department of Theoretical and Mathematical Economics headed by the Director of
CEMI, Academician V. L. Makarov.
The Department of Economic Modelling and Information Sciences headed by the Deputy
Director of CEMI, Prof. S. A. Aivasian.
The Department of the Theoretical and Applied Problems of the Efficient Functioning of the
Economy headed by the Deputy Director of CEMI, Academician D. S. Lvov.
The Department of the Computer Systems and Information Technologies headed by the
Deputy Director Dr. M. D. Ilmenskii.
MAIN AREAS OF RESEARCH
The research activity of the Institute is largely focused on continuing development of
fundamental research. Specific areas of research undertaken in the past and
currently being further development to reflect both the changing global economy
and the Russian transition include the theory of the optimal functioning planned
economies, the study of scientific-technical progress, methods of evaluating the
economic efficiency of capital investment and of the location of manufacturing, the
economic of natural resource use, general equilibrium and disequilibrium theory
(including the incorporation of issues related to intellectual property), and decision
making under uncertainty.
Research at CEMI encompasses virtually all fields of economics.
In the field of macroeconomics the main focus of research is the development of theoretical
frameworks to study: the Russian socio-economic transformation, taking into
account the industrial, human capital, and resource potential of the Russian
economy,as well as political constraints; property rights and privatization; industrial
policy; financial mechanisms; governmental regulation in transition economies;
economic dynamics; mixed-structure economies; the institutional development of
the real and monetary, and the legal and illegal sectors under transition.
In the field of microeconomics the main focus of research is: the economics of the
household, firm, and industry; the dynamics of social demographics; the theory of
production functions; strategic planning at the enterprise level; the functioning of
complex hierarchical production systems.
Recent research topics have included: the development of optimal planning procedures for
processes with a long production cycle; the computerization of business plan
development for investment projects; the development of models of medium-term
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