Background
Lanovyi was born in Kiev on June 17, 1952.
Lanovyi was born in Kiev on June 17, 1952.
A graduate of the Kyiv National Economic University, his working career Lanovyi started at the institute of micro instruments of the Krystal Science Production Association in 1973. He worked there until 1990 with a brief stint of compulsory military service in mid 1970s. In 1990 Lanovyi headed a department in the Institute of Economy of the National Academy of Sciences of Ukraine and was a direct designer of the law "About the economic sovereignty of Ukraine".
In 1991-1992 Lanovyi was a state minister on issues of property and entrepreneurship.
In 1992 he was a vice prime minister and minister of economy.