A.G. Aksakov was born on November 28, 1957 in the village Ermolaevo of Kumertausky district in Bashkir Autonomous Soviet Socialist Republic.

In 1975 graduated from secondary school.

1975-1977 fitter, machine operator at the chemical plant.

1977-1986 studied at Lomonosov Moscow State University, economics department.

In 1983 graduated from the economics department of Lomonosov Moscow State University, qualified as economist.

In 1986 graduated from full-time post-graduate school of Lomonosov Moscow State University, economics department.

PhD, docent.

In 2005 graduated from the Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation with qualification “specialist in the filed of international relations”.

1984-1986 Deputy of the State Council of Chuvash Republic.

From 1986 — lecturer at Chuvash State University, docent of Economics Theory and Market Economy Chair.

1994-1997 Deputy Director of Institute of Economics, Finance and Law (Cheboksary).

1995-1997 Director of Cheboksary branches, Moscow commercial bank.

1997-2000 Deputy Chairman of the Cabinet — Minister of Economic Affairs of Chuvash Republic.

Under supervision of A.G. Aksakov the following programs were developed:

In the beginning of 90s — Program on Chuvashia transition to market relations, aimed at gradual entrance of Republic in the market. It allowed retaining economic potential of Chuvashia during reforms, introduced by federal government in 90s.

Anti-recessionary program (Program of top-priority measures 1998) in Chuvash Republic. Implementation of Anti-recessionary program allowed increasing industrial output volume, redeeming debts on social payments and salary.

1999 — Medium-term program of social-economic development of Chuvash Republic, which specified social economic issues and ways of their solution, including development of:

• Science-intensive technology
• Informatization of all social economic processes
• All levels of education and science
• Modern management and equipment of healthcare system, as well as technical, technological and institutional transformation of agriculture, social development of villages.

The program enabled Republic without having deposits of strategic raw materials to become one of the most dynamic regions.

From 1999 — Deputy of the Russian Federation State Duma, Deputy Chairman of the Committee on Economic Policy and Entrepreneurship.

2000-2003 Deputy of the Russian Federation State Duma of third convocation, representing single mandate electoral district, Deputy Chairman of the Committee on Economic Policy and Entrepreneurship.

From 2004 — Deputy of the Russian Federation State Duma of fourth convocation, representing single mandate electoral district, Deputy Chairman of Credit Organizations and Financial Markets Committee.

Member of the board of the Russian Union of Industrialists and Entrepreneurs.

Published about 100 scientific works on economic and social development issues of Chuvashia and Russia.

Was awarded a medal “For merits to Motherland” of the II degree and “Peter the Great plaque”, was given an honorable title “Distinguished economist of Chuvash Republic”.

Married, has got two sons, Dmitry and Alexander.