Caspian New Geoeconomy: From Resources to the Corridors

Document Type : Research Paper

Author

Ph.D in International Relations

10.22034/ca.2026.2079814.1958
Abstract
Since the collapse of the Soviet Union and the emergence of independent states on the shores of the Caspian Sea, the lake has become one of the most complex and important geopolitical and geoeconomic arenas in the world in the 21st century. This landlocked body of water is no longer known solely for its vast energy reserves; it now functions as a “geoeconomic axis” at the heart of a major competition for control of the trade arteries of Eurasia. This research seeks to demonstrate that the contemporary importance of the Caspian is defined by its role as a field of competition and cooperation for transit corridors, a silent battle in which railways, modern ports, and highways are the main weapons of regional and transregional actors to redraw the map of power, influence, and global trade. This research uses the theoretical framework of neoliberal institutionalism and analyzes and examines the hypothesis using a descriptive method and the author's field experiences.

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