Born in Kiev in 1906, Anatoliy Baranovsky graduated from Kharkiv Institute of Planning DerzhPlan in the Ukrainian SSR in 1933.
In 1933 he was a Senior Economist at the sector, department, deputy head of the State Planning Committee of the Ukrainian SSR.
Since the beginning of the War in the offensive Nazi troops in Ukraine spends much work to evacuate important companies in the east to establish mass production of weapons and ammunition.
In 1941–1942 — Head of the Task Force on Industry Military Council of the Southern Front, During 1942–1944 he worked expert Soviet Foreign Minister for Economic Affairs, participated in the preparation of economic articles (agreements) for an armistice with the Allies in Germany during World War II.
Head of Delegation of the Ukrainian SSR at the Belgrade Conference of 1948, which developed the Convention on Navigation on the Danube River.