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Competition for energy resources of the Caspian region: the New Great Game or the New Silk Road?

Competition for energy resources of the Caspian region: the New Great Game or the New Silk Road?

Update: 2016-04-07

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The paper analyses the development of energy resources and the role of oil and gas exports for the economies of the NIC countries. The evidence suggests that due to the macroeconomic instability, the level of political risk in these countries was particularly high during the first decade after independence.

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Competition for energy resources of the Caspian region: the New Great Game or the New Silk Road?

Competition for energy resources of the Caspian region: the New Great Game or the New Silk Road?

Cambridge University