The author argues that international political economy (IPE), however prominent in the West, has not been established in Russia as an academic discipline. In the Russian policy community, the main debate is between liberal institutionalists, who advocate the country's integration into the global economy, and the so-called dirigists, who promote relative economic autonomy. These two schools, however, only now begin to find their way in academia. Three main problems impede IPE development in Russia-the excessive separation of political science from economics, the deficit of theoretical generalization, and the weakness of educational curricula.