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GOVERNANCE OF THE CASPIAN RESOURCES: COMPETITION AND COOPERATION |
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Abstract:
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The Caspian Sea region is of growing importance to world energy markets because of its potential to become one of the world’s major oil and natural gas exporting regions over the coming decade. However, the geopolitical location and abundance of hydrocarbon resources in Caspian region have dragged a multiplicity of actors into the Caspian game whose interests do not necessarily coincide. The Caspian game is multidimensional characterized by the competition and conflict of interests by the extra-regional, regional and littoral states over strategic influence in the region, the construction of pipeline routes, the legal status of the Caspian and the territorial and other issues.
Although literature on the Caspian region mainly views the issues of the Caspian region mainly through the traditional state-centric and security lenses, during the last ten years, the Caspian region have also become subject to the globalization project, which is characterized by a more complex trends. Yet, there is almost no literature that, for instance, discusses the role of non-state actors (e.g., MNCs, IGOs and NGOs) in shaping the political economy of the Caspian resources. To assume that the political economy of the Caspian resources is purely state centric is to miss the empirical reality. For example, with the growing demand for energy throughout the world, MNCs have already invested billions of dollars into the Caspian region to diversify production, develop new sources of energy supply and make profits. Assuming that MNCs monolithically represent the interests of their home countries is rather simplistic. MNCs have their own agenda and economic interests, which may not always coincide with the interests of both home and host states.
Furthermore, the rapid growth of regional energy industry, the landlocked nature of the Caspian region, and externalities arising from environmental pollution are requiring the Caspian littoral and neighboring countries to enter cooperative regional and subregional arrangements to gain from mutual agreements and solve the problems of “market failure.” Obviously, all these trends need be accounted to understand the political economy of the Caspian resources. Thus, the paper argues that the Caspian political economy is not only represented by the struggle for power between nation-states but it is also characterized by a more complex set of relationships between non-state actors and new agenda of issues. The paper also makes a normative argument that over time cooperative arrangements in the Caspian will surpass the competitive and conflicting interests simply because of the economic and strategic benefits that extra-regional, regional and littoral states can gain from cooperation. |
Most Common Document Word Stems:
caspian (181), oil (162), pipelin (110), region (103), state (85), cooper (74), gas (63), countri (58), sea (55), russia (55), energi (48), econom (44), world (42), polit (41), resourc (40), develop (36), rout (35), intern (34), central (31), 000 (31), main (30), |
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Association:
Name: International Studies Association URL: http://www.isanet.org
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Citation:
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MLA Citation:
| Kobonbaev, Maks. "GOVERNANCE OF THE CASPIAN RESOURCES: COMPETITION AND COOPERATION" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p71942_index.html> |
APA Citation:
| Kobonbaev, M. , 2005-03-05 "GOVERNANCE OF THE CASPIAN RESOURCES: COMPETITION AND COOPERATION" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p71942_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: The Caspian Sea region is of growing importance to world energy markets because of its potential to become one of the world’s major oil and natural gas exporting regions over the coming decade. However, the geopolitical location and abundance of hydrocarbon resources in Caspian region have dragged a multiplicity of actors into the Caspian game whose interests do not necessarily coincide. The Caspian game is multidimensional characterized by the competition and conflict of interests by the extra-regional, regional and littoral states over strategic influence in the region, the construction of pipeline routes, the legal status of the Caspian and the territorial and other issues.
Although literature on the Caspian region mainly views the issues of the Caspian region mainly through the traditional state-centric and security lenses, during the last ten years, the Caspian region have also become subject to the globalization project, which is characterized by a more complex trends. Yet, there is almost no literature that, for instance, discusses the role of non-state actors (e.g., MNCs, IGOs and NGOs) in shaping the political economy of the Caspian resources. To assume that the political economy of the Caspian resources is purely state centric is to miss the empirical reality. For example, with the growing demand for energy throughout the world, MNCs have already invested billions of dollars into the Caspian region to diversify production, develop new sources of energy supply and make profits. Assuming that MNCs monolithically represent the interests of their home countries is rather simplistic. MNCs have their own agenda and economic interests, which may not always coincide with the interests of both home and host states.
Furthermore, the rapid growth of regional energy industry, the landlocked nature of the Caspian region, and externalities arising from environmental pollution are requiring the Caspian littoral and neighboring countries to enter cooperative regional and subregional arrangements to gain from mutual agreements and solve the problems of “market failure.” Obviously, all these trends need be accounted to understand the political economy of the Caspian resources. Thus, the paper argues that the Caspian political economy is not only represented by the struggle for power between nation-states but it is also characterized by a more complex set of relationships between non-state actors and new agenda of issues. The paper also makes a normative argument that over time cooperative arrangements in the Caspian will surpass the competitive and conflicting interests simply because of the economic and strategic benefits that extra-regional, regional and littoral states can gain from cooperation. |
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| Document Type: |
.pdf |
| Page count: |
31 |
| Word count: |
10629 |
| Text sample: |
| GOVERNANCE OF THE CASPIAN RESOURCES: COMPETITION AND COOPERATION Maks Kobonbaev* University of Missouri-St. Louis The Caspian Sea region is of growing importance to world energy markets because of its potential to become one of the world's major oil and natural gas exporting regions over the coming decade. However the geopolitical location and abundance of hydrocarbon resources in Caspian region have dragged a multiplicity of actors into the Caspian game whose interests do not necessarily coincide. The Caspian game is |
| United States Iran China CPC BNP BSP TPGP Existing Pipelines ASP BSP BTC CAOP KTP KTIP KCP Proposed Main Pipelines AMBO (Bulgaria) Khashuri-Batumi Baku-Tabriz Supplementary TBP CTP Gardabani Batumi Nekra-Tehran Pipeline SEEL OBP Note: Russia supports pipelines that go through its territory and opposes pipelines that go via Turkey. The US supports Turkish and Georgian routes and opposes 30 |
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