He eventually attained the degree of Doctor of Economic Sciences and was a professor.

He was appointed First Deputy Minister of Economy and Investment Policy of Saratov Oblast in July 1997.

In February 1998, Shuvalov became the Oblast's Minister of Economy, Investment Policy and Interregional Relations.

[1] After leaving the Federation Council Shuvalov was acting Deputy Chairman of the Government of Saratov Oblast from 1 June 2010 until 13 July 2011, supervising its e-government project.

[2][3] Shuvalov died from complications of COVID-19 in Saratov on 25 September 2021, during the COVID-19 pandemic in Russia.