{"id":11378,"date":"2025-06-10T10:37:30","date_gmt":"2025-06-10T10:37:30","guid":{"rendered":"https:\/\/offuniversity.org\/?post_type=previous-courses&#038;p=11378"},"modified":"2025-08-25T07:54:01","modified_gmt":"2025-08-25T07:54:01","slug":"the-political-economy-of-natural-resources","status":"publish","type":"previous-courses","link":"https:\/\/offuniversity.org\/tr\/previous-courses\/winter-2020-21\/the-political-economy-of-natural-resources\/","title":{"rendered":"The Political Economy of Natural Resources"},"content":{"rendered":"\n<div><div class=\"gb-container gb-container-a662079b\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-7b60fd04\">\n<div class=\"gb-grid-column gb-grid-column-e0d64d06\"><div class=\"gb-container gb-container-e0d64d06\">\n\n<div class=\"gb-element-7d19a5aa\">\n<h2 class=\"gb-headline gb-headline-1f2875eb gb-headline-text\">The Political Economy of Natural Resources<\/h2>\n\n\n\n<h4 class=\"gb-headline gb-headline-b1648cf9 gb-headline-text\"><em> and Rentier States<\/em><\/h4>\n\n\n\n<p class=\"gb-headline gb-headline-f91c37b5 gb-headline-text\"><a href=\"https:\/\/offuniversity.org\/faculty\/#gubad-ibadoghlou-anchor\" data-type=\"page\" data-id=\"1387\" target=\"_blank\" rel=\"noreferrer noopener\">Gubad Ibadoghlu<\/a>, <a href=\"https:\/\/offuniversity.org\/faculty\/#leila-alieva-anchor\" data-type=\"page\" data-id=\"1387\" target=\"_blank\" rel=\"noreferrer noopener\">Leila Alieva<\/a><\/p>\n<\/div>\n\n\n<div class=\"gb-container gb-container-3a30ea48 gb-tabs\" data-opened-tab=\"1\">\n<div class=\"gb-container gb-container-84f8d681 gb-tabs__buttons\">\n\n<button class=\"gb-button gb-button-a79c01e0 gb-button-text gb-tabs__button gb-block-is-current\" id=\"gb-tab-button-a79c01e0\">Overview<\/button>\n\n\n\n<button class=\"gb-button gb-button-bfd101b8 gb-button-text gb-tabs__button\" id=\"gb-tab-button-bfd101b8\">Course Outline<\/button>\n\n<\/div>\n\n<div class=\"gb-container gb-container-7f59097b gb-tabs__items\">\n<div class=\"gb-container gb-container-f5c5f721 gb-tabs__item gb-tabs__item-open\" id=\"gb-tab-item-f5c5f721\">\n\n<h4 class=\"gb-headline gb-headline-68c7fb24 gb-headline-text\">Overview<\/h4>\n\n\n\n<p>Natural resources can generate vast sums, in many cases larger than official development assistance or other forms of national income. If managed prudently, natural resource wealth can have a substantial impact on a country\u2019s sustainable development efforts, and in addition to the capital flows, natural resources can have many other direct and indirect influences and benefits for an economy. But those benefits are far from automatic and in fact, in many cases natural resource wealth is not spontaneously transformed into long term sustainable development. This course aims to build knowledge in order to make the most of oil, gas, and minerals, while mitigating the risks that these industries bring. It outlines the various complex and interrelated aspects of natural resource governance, including: (1) understanding the governance and industry fundamentals; (2) developing and implementing robust and transparent legal frameworks; (3) designing fiscal regimes to capture a fair share of the revenues; (4) managing environmental risks; (5) engaging with communities; (6) leveraging investments for infrastructure and business linkages; and (7) managing revenues for economic diversification and development, among others. It explores the major effects of the \u2018rentier economy\u2019 and natural resources on democracy and state building, as well as the role of reforms in prevention of the \u2018resource curse\u2019. The course analyses the role of the natural resources in conflicts, including domestic and interstate wars. It explores the implications of the rentier economies for development of democratic institutions, such as the opposition, putting it in comparative perspective. It will illuminate the concept of \u2018resource nationalism\u2019 as disincentive of integration. It also contributes to the debate on \u2018resource curse\u2019, bringing in a historical perspective to the analysis of the effects of \u2018oil booms\u2019.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-79414423 gb-tabs__item\" id=\"gb-tab-item-79414423\">\n\n<h4 class=\"gb-headline gb-headline-28db6432 gb-headline-text\">Course Outline<\/h4>\n\n\n\n<p class=\"gb-text\">You can see and download the course syllabus below.<\/p>\n\n\n\n<div class=\"gb-element-3120ace5\">\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/offuniversity.org\/wp-content\/uploads\/2025\/06\/the-political-economy-of-natural-resources-syllabus-W20.pdf\" type=\"application\/pdf\" style=\"width:100%;height:813px\" aria-label=\"the-political-economy-of-natural-resources-syllabus-W20 g\u00f6m\u00fcs\u00fc.\"><\/object><a id=\"wp-block-file--media-8c388dc9-24bb-4a3f-8482-b949d7be3cf3\" href=\"https:\/\/offuniversity.org\/wp-content\/uploads\/2025\/06\/the-political-economy-of-natural-resources-syllabus-W20.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">the-political-economy-of-natural-resources-syllabus-W20<\/a><\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-bc3fa32e\"><div class=\"gb-container gb-container-bc3fa32e\">\n<div class=\"gb-container gb-container-233f353f\">\n\n<h4 class=\"gb-headline gb-headline-e4125b44 gb-headline-text\">Course Details<\/h4>\n\n\n<div class=\"gb-container gb-container-b921c8c1\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-70b4f9b1\">\n<div class=\"gb-grid-column gb-grid-column-203abde0\"><div class=\"gb-container gb-container-203abde0\">\n\n<p style=\"font-size:14px\"><strong>Duration<\/strong><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-7f61003f\"><div class=\"gb-container gb-container-7f61003f\">\n\n<p class=\"has-text-align-right\">13.10.20 &#8211; 15.12.20<\/p>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-b8d7d00c\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-739a6fda\">\n<div class=\"gb-grid-column gb-grid-column-c4cc3766\"><div class=\"gb-container gb-container-c4cc3766\">\n\n<p style=\"font-size:14px\"><strong>Credits<\/strong><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-94e52802\"><div class=\"gb-container gb-container-94e52802\">\n\n<p class=\"has-text-align-right\">&#8211;<\/p>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-9c3909d0\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-408c2bcf\">\n<div class=\"gb-grid-column gb-grid-column-2c1ae340\"><div class=\"gb-container gb-container-2c1ae340\">\n\n<p class=\"has-text-align-left\" style=\"font-size:14px\"><strong>Language<\/strong><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-0019c195\"><div class=\"gb-container gb-container-0019c195\">\n\n<p class=\"has-text-align-right\">English<\/p>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-6a8e4c20\">\n\n<p style=\"font-size:14px\"><strong>Supported by<\/strong>:<\/p>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-92584467\">\n<div class=\"gb-grid-column gb-grid-column-68a988d7\"><div class=\"gb-container gb-container-68a988d7\">\n\n<figure class=\"gb-block-image gb-block-image-c143014e\"><img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"901\" class=\"gb-image gb-image-c143014e\" src=\"https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2.png\" alt=\"\" title=\"NUIEC_1\" srcset=\"https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2.png 2000w, https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2-300x135.png 300w, https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2-1024x461.png 1024w, https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2-768x346.png 768w, https:\/\/offuniversity.org\/wp-content\/uploads\/2024\/03\/NUIEC_1-2-1536x692.png 1536w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/figure>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n<p class=\"gb-headline gb-headline-7c7f87cd\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewBox=\"0 0 256 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path fill=\"currentColor\" d=\"M31.7 239l136-136c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9L127.9 256l96.4 96.4c9.4 9.4 9.4 24.6 0 33.9L201.7 409c-9.4 9.4-24.6 9.4-33.9 0l-136-136c-9.5-9.4-9.5-24.6-.1-34z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><a href=\"https:\/\/offuniversity.org\/previous-courses\/\" data-type=\"page\" data-id=\"1416\"><strong>Back to Previous Courses<\/strong><\/a><\/span><\/p>\n\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GUBAD IBADOGHLU<br \/>LEILA ALIEVA<\/p>\n","protected":false},"featured_media":8697,"parent":0,"template":"","meta":[],"previous-courses-categories":[121,134,182],"class_list":["post-11378","previous-courses","type-previous-courses","status-publish","has-post-thumbnail","hentry","previous-courses-categories-2020-2021","previous-courses-categories-political-economy","previous-courses-categories-winter-2020-21","infinite-scroll-item"],"_links":{"self":[{"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/previous-courses\/11378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/previous-courses"}],"about":[{"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/types\/previous-courses"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/media\/8697"}],"wp:attachment":[{"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/media?parent=11378"}],"wp:term":[{"taxonomy":"previous-courses-categories","embeddable":true,"href":"https:\/\/offuniversity.org\/tr\/wp-json\/wp\/v2\/previous-courses-categories?post=11378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}