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In April 2006, the Institute for the Economy in Transition announced that the 2006 National Diploma Paper competition in economics would be conducted among the graduates of economic higher education institutions and the economic faculties of Russia’s higher education establishments.

Prizes "For the best diploma paper in economics" had been founded, which will be received by winners according to the competition results:
  • For the first place – Rb 20 thousand.
  • For the second place – one prize worth Rb 10 thousand.
  • For the third place – three prizes worth Rb 5 thousand each.

As many as 41 graduates (who defended, in 2006, their diploma papers in economics) of the following higher education institutions of Russia took part in the competition:

To conduct the competition a commission had been appointed comprising:
Chairman - Dr. of Economic Sciences Ye. T. Gaidar,
Deputy Chairman - Academician R.M. Entov,
Academic Secretary – A.I. Yashin,
Members of Commission: Dr. of Economic Sciences V.A. Mau, Dr. of Economic Sciences A.D. Radygin, Dr. of Economic Sciences S.G. Sinelnikov-Murylev, Dr. of Economic Sciences E.V. Serova, Dr. of Economic Sciences A.V. Ulyukaev, Dr. of Economic Sciences S.V. Shishkin.

Having considered all the diploma papers submitted to the competition, the commission decided the following:
  • Not to award the First prize
  • To award one Second prize to Parkhomenko Alexander Vladimirovich, graduate of The State University – Higher Scool of Economics, for the diploma paper.
  • To award two Third prizes to:
    • Mishin Nikita Olegovich graduate of The South-Ural State University
    • Reznichenko Nataila Vladimirovna graduate of The St.Petersbourg State University

All the competition winners were awarded diplomas and cash bonuses.