The Higher School of Economics hosted an Expert Seminar on Accounting Methods

Head of the RIA Center Daniel Tsygankov spoke at the expert seminar “Prospects for the introduction of accounting methods and quantitative models in regulation in Russia and the Eurasian Economic Commission”, which took place on June 1 at the Higher School of Economics.

The director of the Institute for Public Administration Andrey Klimenko opened the seminar and presented the joint report of the Center for Strategic Research and the Higher School of Economics “Regulatory policy in Russia: the main trends and architecture of the future”, which grew out of past seminars and almost 2-year work of experts. The last report of this kind and scope was prepared by the OECD in November 2005 [Russia: Building Rules for the Market - OECD Reviews of Regulatory Reform].

Quantitative calculations and models are an important part of evidence-based regulation, and the use of accounting guidelines in public administration allows inter alia better balancing the benefits and costs of regulations that affect the health and safety of citizens / public values. The first session dealt with two methods: the expansion of the standard cost model to citizens, NGOs and government bodies (Head of the RIA Center Daniel Tsygankov) and approaches to monetizing the “cost” of life (head of the Center for Strategic Studies of “Rosgosstrakh” Alexey Zubets and the director of the Institute for Health Economics at the Higher School of Economics Larisa Popovich).

At the second session, accounting cases were considered – case on the cross-border regulation (the president of the National Association of Distance Trade Alexander Ivanov) and on regional investment promotion programs (deputy head of the National Institute for System Study of Entrepreneurship Oleg Shestoperov).