• Natural Resources for Sustainable Development in Eurasia.


March 10, 2018 Upcoming events


Online phase: April 15- May 15, 2018

Residential phase: June 25- July 02, 2018

Final Assignment due on: September 25, 2018


Khazar University, Baku


April 10, 2018

Fall in commodity prices has raised the renewed interest in the impact of natural resources on the wellbeing and sustainable development of resource-rich nations. This has reinvigorated the debate about how the authorities in countries dependent on oil and minerals should address the external negative shocks and assure sound management of resource revenues. The Blended Learning Course in Revenue Management seeks to offer alternative theories and practices to traditional post-Soviet resource governance, particularly in revenue management approaches by enhancing the analytical and policy design competencies of policy influencers.

The overarching goal of the course is to equip participants with the knowledge and skills necessary:

• To build a broad understanding of policy challenges in revenue management process

•To analyse policy scenarios with integrating analytical tools into forming an information base in revenue management decision making process

• For assessing most relevant decisions in achieving specific country development priorities

The programme aims to facilitate a rich dialogue about best practices from around the globe and their lessons for countries in the region. Lectures combined with practical work based on case studies, policy analysis and peer-to-peer discussions with practitioners and experts in the field will help participants to share experience in how to manage resource revenues for sustainable development.

One of the previous participants Irina Lupashko from Ukraine Dixi Group said:

“The course provided a complex vision of the revenue management process, going behind commonly known concepts such as taxation. I feel like I have a comprehensive picture of the natural resource decision chain and understand policy-making process.”


The programme will comprise of three parts.

Online stage: participants will acquire introductory knowledge about the resource governance and will need to pass an online assignment in order to be accepted to the residential stage.

Residential stage: Participants will spend 8 days at Khazar University in Baku and learn about the following topics:

•Managing natural resource revenues

•Fiscal Policy for resource-rich economies

•Monetary Policy for resource-rich economies

•State Owned Enterprises

•Revenue Distribution and Sovereign Wealth Funds

•Budgeting in resource rich countries

•Public Investment and Sustainable Development

Final Assignment: The final assignment will be delivery of Policy Paper or an activity report, based on the role and preferences of the participant.

Potential participants

Mid-level government, senior parliamentary staff, specialized civil society and media, international development agencies and private company representatives, as well as academics and researchers from countries of Eurasia region.


Eurasia Hub will cover all the costs of the course for selected participants. This includes accommodation, meals and Azerbaijan airport transfers, but does not cover overseas transport or other incidentals..

Application process

To apply, please complete and submit our online application form available here. All the applications will be evaluated after the deadline (April 10) and participants will be informed about the decision by May 15. After the acceptance into the first phase of the course all the applicants will be required to undertake online course on Natural Resource Decision Chain and pass the quizzes to proceed into residential stage. The Course will be held in Russian.

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