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      The Changing Geopolitical Economy of Transcaucasia under Multipolarity

      research-article
      World Review of Political Economy
      Pluto Journals
      foreign policy, geopolitical economy, hegemony, multipolarity, Transcaucasia
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            Abstract

            This article sheds light on the changing character of the Transcaucasian geopolitical economy based on the question of how the multipolarization of world politics has shaped the course of regional conflicts and the balance of forces in the region. In this framework, the article proposes transcending static labels such as Georgia / Azerbaijan as a “Western post,” Iran and Azerbaijan as “arch enemies,” and Armenia as a “traditional Russian ally” by reference to recent developments such as the peaceful rise of China in the region, Putin's Eurasianist geostrategic leanings, and the reorientation of Turkey's foreign policy since 2016. Georgian and Armenian color revolution dynamics are likely to be suppressed thanks to the recent foreign policy shift of Turkey as a strategic ally of Georgia, Georgia's inclusion in the Belt and Road Initiative (BRI), and the Russo-Turkish rapprochement. Amidst deteriorating relations with the US and North Atlantic Treaty Organization (NATO) in the 2010s, moreover, Azerbaijan's foreign policy gives increasingly greater weight to relations with Russia, which can be further deepened under the influence of Turkey's foreign policy. A similar situation goes for Azerbaijan's involvement in the Non-Aligned Movement and BRI, as well as Iranian acknowledgment of Azerbaijan's territorial integrity despite unresolved tensions in bilateral relations.

            Content

            Author and article information

            Journal
            10.2307/j50005553
            worlrevipoliecon
            World Review of Political Economy
            Pluto Journals
            2042-891X
            2042-8928
            1 December 2020
            : 11
            : 4 ( doiID: 10.13169/worlrevipoliecon.11.issue-4 )
            : 533-550
            Article
            worlrevipoliecon.11.4.0533
            10.13169/worlrevipoliecon.11.4.0533
            84fc1420-e563-42cf-820a-84bfcdc8ab4b
            © 2020 World Association for Political Economy

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Custom metadata
            eng

            Political economics
            foreign policy,Transcaucasia,hegemony,geopolitical economy,multipolarity

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