This course analyzes how state capitalism shapes energy systems and geopolitical strategies in Russia, China and Central Asia - three regions where the state remains the dominant actor in energy governance, investment, and global positioning. Students will examine Russia's post-2022 transformations under sanctions, Central Asia's evolving regional energy dynamics, and China's state-led model combining energy security, industrial policy, and decarbonization. The course also explores how sanctions and technological fragmentation reshape energy markets and global trade flows. Through simulations, case studies, and discussions with leading experts, students will develop the analytical tools needed to assess the resilience and future trajectories of state-driven energy systems.
LEARNING OUTCOMES
1. Critically analyze the political, institutional, and macroeconomic foundations of state-capitalist energy systems in Russia, China and Central Asia, including regulation, governance structures, stakeholder interests, and strategic decision-making.
2. Interpret and evaluate energy balances, production and export data, corporate strategies, and geopolitical drivers across the three regions, integrating quantitative data and qualitative analysis.
3. Assess and propose policy responses to key contemporary challenges - technological isolation, sanctions, regional competition, and energy transition pressures - facing Eurasian energy systems.
PROFESSIONAL SKILLS
- Research & analysis
- Critical thinking
- Stakeholder analysis and negotiation
- Teamwork and collaboration (via simulation and group exercises)
- Oral and written communication
- Data interpretation and visualization
- Geopolitical and economic risk assessment
- Policy evaluation and strategic foresight
- Problem-solving in complex institutional systems