Troubled Waters

"Troubled Waters" presents a comprehensive analysis of the political and economic dynamics of the Caspian basin. It examines the area's historical evolution and the diverse issues and players in what has become a modern variant of the 'Great Game' of the nineteenth century. Following a historical overview of the region and its oil industries, the book analyzes the domestic politics and the foreign policies of the five states bordering the Caspian – Russia, Iran, Azerbaijan, Kazakhstan, and Turkmenistan. It further identifies all the external interests involved in the Caspian’s political rivalries and control over its resources and territory, including the US, the major European powers, various nationalist movements, Islamic militants, multinational corporations, NGOs and international financial corporations. These features, coupled with the political and economic risk assessment of the Caspian basin which this bood provides, makes this a unique contribution to our understanding of a region which is positioned at the juncture of Russia, China, South Asia and the Middle East.