Hossein Rafi; Mohsen Bakhtiari Jami
Volume 22, Issue 95 , December 2016, , Pages 33-64
Abstract
The application of neo-mercantilist policies by the great powers indicates the ineffectiveness of mercantilist exploitation plans of the past century and the emergence of a new era ...
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The application of neo-mercantilist policies by the great powers indicates the ineffectiveness of mercantilist exploitation plans of the past century and the emergence of a new era of conflict and competition to establish a business balance and maximize the economic profits. The priority of controlling energy resources of “Central Asia”, has placed the domination policy over hydrocarbon resources at the center of the foreign policy of regional powers “Russia and China”, with the aim of convergence and consolidating their superior position in comparison to the rival power. Leaping for the economic development and at the same time, rising oil and gas prices in the world market, Russia's struggle in order to achieve the foreign exchange revenue, which is obtained from raw materials trade; China's reliance on vital arteries of oil and gas in order to sustain economic growth as well as design neo-mercantilist policies, have made the maximization of the resources’ control inevitable. Occurrence of economic and political crises in the relations between Russia and “European Union” (EU),as well as a reduction in prices, changed Russia's trade strategy in the oil and gas sector, which led to the increase of the volume of exports and commercial convergence with China to supply the foreign exchange revenue deficit. In this regard, due to the competition between the two great regional powers, the question is: Which component has intensified the compilation and implementation of neo-mercantilist commercial-economic policies in the region? The main hypothesis of this article is as follows: The use of rich oil and gas resources with the goals of earning foreign exchange revenues, continuing domestic economic growth, maintaining a balance in prices, coping the domination of rival over resources, have made the pursuit of neo-mercantilist policies in the region essential. The research method in this article is descriptive-analytical, citing on the Latin books and articles and reliable cyberspaces of the web sites.