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Location & Connections


Visiting Fellows 2011-2012



András Déak, Central European University

“Russia and the Global Gas and Oil Price Setting”
Fellowship period: January 15 – March 15, 2012

András Deák is a research director at the Center for EU Enlargement  Studies at Central European University. He received his Diploma (MA, 1997) and his Doctorate (PhD, 2003) in international relations, both from the University of Economic Sciences in Hungary. From 1998 onwards, he was a researcher in charge of post-Soviet affairs at the Teleki Laszló Institiute in Budapest. Between 2007 and 2009, he worked as executive director at the Hungarian Institute of International Affairs. Deák has held several seminars on contemporary Russian politics and international energy policy at the Budapest Corvinus University. Deák has published widely on Russian and post-Soviet energy policy, and the energy industry over the past 10 years.

Abstract of current research: Energy and State in Russia - the Institutionalization of the Hydrocarbon Sector in the Russian Political System

Over the last 50 years, exports of hydrocarbons have moved from a marginal source of Soviet hard currency revenue to the single most important source of Russian welfare and stability. Much of this change has occurred within the last 20 years, in parallel with a major transformation of Russian political order and institutions. The aim of my current research is to explore the interrelation of these two processes. The research has four major dimensions: (1) the macro-economic and social aspects of the increased reliance on energy exports, (2) sectoral governance, ownership, control and the unfolding institutional background, (3) the role of energy in domestic politics, rentier politics in Russia, and (4) the international and foreign policy implications of the increased role in global energy.

During my two-month fellowship, I plan to focus on the particular issue of Russia’s potential to influence global price dynamics. From a purely statistical perspective, Russia could play a major role in global price setting, particularly in the oil market. Nevertheless, an internalization of external price dynamics assumes a major reshaping of Russia’s energy policy in most of the above-mentioned dimensions. The aim of my paper is to conceptualize and examine these problems. In so doing, I would like to answer two questions: (1) why has Russia not attempted to play a more active role in global price setting? and (2) what is its potential and what are the domestic policy costs and benefits of a new price shaping strategy?

Email: deaka [at]
Personal website:

Academic host at the Aleksanteri Institute: Veli-Pekka Tynkkynen