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Oil, Gas and Modernization in Russia

Key information

  • Module code:

    7YYRN004

  • Level:

    7

  • Semester:

      Spring

  • Credit value:

    15

Module description

Assessment details

  • 1,500 word policy memorandum (30%)
  • 2,500 word essay (60%)
  • Class participation (10%)

Educational aims & objectives

  • To impart students with a thorough knowledge on comparative political economy theories about development in the context of resource abundance;
  • To instill in students an appreciation of the role played by hydrocarbon wealth in Russia’s economic and political development, particularly in the last two decades;
  • To educate students about major policy challenges and empirical puzzles faced by Russia’s leadership in connection with efforts aimed at establishing a modern and diversified economy;
  • To instill a comprehensive knowledge about economic-policy decision-making in contemporary Russia with a particular emphasis on institutions and key players in the Putin period;
  • To encourage students to recognize the role of informal institutions with regard to policy-making related to energy and economic development.

Learning outcomes

As a learning outcome of this module, students are expected to demonstrate the following:

  • Ability to understand the role of natural resources in the economic and political development of resource-abundant countries;
  • Capability to situate Russia in a comparative context in terms of its achievements in fighting the “resource curse” and advancing economic diversification;
  • Advanced knowledge on economic policy-making in contemporary Russia;
  • Capability to critically assess the role of informal channels for “rent capture” in the context of resource-rich countries;
  • Ability to think critically about Russia’s "social contract” underpinned by the country’s hydrocarbon wealth;
  • Ability to apply rigorously political economy theories to themes of economic-policy making in resource-rich countries;
  • Ability to use national statistical and budgetary data to enhance research on economic policy-making.
  • Ability to analyse the implications of international sanctions on Russian politics and economy.

Teaching pattern

 Weekly 1-hour lecture & 1-hour seminar

Subject areas

Department

Module description disclaimer

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Please note that the module descriptions above are related to the current academic year and are subject to change.