The Caspian Sea region has hitherto largely been investigated from a `New Great Game’ perspective that depicts the region as a geopolitical battleground between regional and external great powers, where tensions have been exacerbated by the sea’s rich natural resources, strategic location, and legal disagreements over its status. This book, by contrast, portrays a new image of the region, which still acknowledges the difficulties and problematic starting situation of power politics there. It, however, seeks to show that there are ways forward by identifying mechanisms and means to transform the `New Great Game’ into processes of functional co-operation. Drawing on theoretical insights from a functionalist framework, this book examines three intertwined case studies, namely the Baku-Tbilisi-Ceyhan pipeline (BTC), the Southern Gas Corridor (SGC), and the Caspian Environmental Program (CEP). It shows that lessons learned from environmental co-operation have influenced the discussion over the uncertain legal status of the sea, which culminated in the signing in 2018 of the Convention on the legal status of the Caspian Sea. This book analyzes the three phases of the BTC and the SGC projects: the planning of the pipeline, its construction, and its use, none of which have been adequately addressed yet. This book illustrates the increasing role of actors beyond and besides the states in the Caspian Sea region, such as transnational corporations, non-governmental organizations, and intergovernment organizations.

This volume addresses and seeks to answer a number of questions on the current issues facing small states/powers in Europe. How can small European states survive and prosper within a multipolar world of great powers? What part should small states take in European integration? Are EU fiscal and monetary policies allowing for Keynesian economic stimulus when needed and are euro area convergence criteria viable as the world recovers from the COVID-19 crisis? Are small state alliances within the EU useful to counterbalance the influence of the larger EU member states? How far should EU and NATO expansion go? Should it include countries such as Ukraine? Can the EU rely on US leadership of NATO for its security? How should small states relate to great powers seeking to influence Europe, most notably the US, the People’s Republic of China and the Russian Federation? Do smaller states need to choose a single ally among the major powers? Using an interdisciplinary approach, the author discusses issues of economic policy, international relations and politics, economic and political integration, as well as the effects of global and regional institutions, and priorities in bilateral development cooperation, demonstrating how policies are shaped by the interaction between small states (small powers) and large states (great powers).

The volume examines one of the most sensitive issues in the contemporary diplomatic history of the eastern Mediterranean, namely, the nexus between Greece, Turkey, the Cyprus problem and NATO in the crucial period between 1973 and 1988. Beginning with the emergence of the Aegean dispute in 1973 and ending with the most comprehensive attempt to date to solve the Greek–Turkish conflict in the wake of the Davos rapprochement process in 1988. The analysis in this book goes back to developments that occurred in the first half of the 20th century.

This volume describes the unique development of Central Asia as defined by its landlocked geography. Particular attention is paid to the achievements and challenges of the region’s post-Soviet economic and political transformation, as well as to its relationship with the participants in the New Great Game – Russia, China and the West. Located as it is in the geographical centre of booming Asia, and with the opportunity to become a key logistics bridge connecting the world’s largest economies, Central Asia is well placed for rapid development. However, the region faces a range of complex problems that are explained and analysed in the volume. The Eurasian powers that encircle Central Asia look certain to become the engines of global economic growth, but how will this affect the region? Will Central Asia join the powerful locomotive of history, or will it remain on the sidelines?

The politico-economic relations between the European Union (EU) and Eastern Europe are currently entering a new phase, which some scholars qualify as a revival of the Cold War. This insightful book seeks to explain whether and why a Cold War Europe has returned and discusses underlying factors that clarify the relations between East and West since the Second World War.

Published in association with the Stockholm International Peace Research Institute.