Geoeconomics

Geoeconomics – one of DGAP’s core themes – explores how the politics of trade, technology, finance, and/or energy can be employed to achieve strategic goals. For Europe to remain a key player internationally, the continent must help define the rules of a new geoeconomic world order. DGAP looks at how Germany can contribute to better positioning Europe in this increasingly competitive landscape.

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The End of Russian Hegemony: A New Transactional Order Arises in the South Caucasus

Moscow’s role as the regional hegemon in the South Caucasus ended with Russia’s war on Ukraine. The region faces instability from old antagonisms and shifting power dynamics. Azerbaijan has become a key shaper of the regional security order. Other powers, including Türkiye, Iran, China, and the EU, are more active, but none can guarantee a stable order. Transactionalism and ongoing vulnerabilities define the disorder, while intraregional cooperation depends on Armenia and Azerbaijan overcoming hostilities.

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Dr. Stefan Meister
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