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32. Transatlantic Energy Security and the Caspian Basin: Moving Towards a Common Agenda
- Author:
- Adam N. Stulberg and Hendrik Cosijn
- Publication Date:
- 08-2002
- Content Type:
- Policy Brief
- Institution:
- EastWest Institute
- Abstract:
- Once considered an impediment to stable development and a catalyst for a new “Great Game,” Caspian energy may play a stabilizing role in world markets and geopolitics after all. With the West's growing dependence on hydrocarbon imports, growing tensions in the Middle East, and Moscow's emergence as a major player in 21st century energy politics, the Caspian region is poised to become a focal point for cooperation between the United States, Europe, and Russia. Policymakers in Washington, Brussels, and Moscow share a common interest in preventing the Caspian Basin from lapsing into another Persian Gulf, where windfalls in oil revenues have fueled instability and extremism. They also recognize that efforts to extract and export Caspian energy must advance regional development and stability. Thus far, however, shared interests have not yielded real transatlantic partnership on Caspian energy issues. Different strategic orientations and preferred approaches for unlocking Caspian energy threaten to mar prospects for broadening and deepening transatlantic cooperation in the region. To date, the U.S., Europe, and Russia have pursued parochial interests in the Caspian Basin without much regard for each other. The time is ripe for American, European, and Russian policymakers to take stock of the burgeoning confluence of interests, mount a concerted effort to prevent backsliding, and cement a common agenda by forging a trilateral dialogue on Caspian energy issue.
- Topic:
- Security and Energy Policy
- Political Geography:
- Russia, United States, Europe, Washington, Asia, and Moscow
33. The United States, Europe, and Russia: Toward a Global Energy Security Policy
- Author:
- David L. Goldwyn
- Publication Date:
- 08-2002
- Content Type:
- Policy Brief
- Institution:
- EastWest Institute
- Abstract:
- Together, the United States, Europe, and Russia can help to diversify the global energy supply by creating a Global Strategic Petroleum Reserve (GSPR) filled largely with oil from Russia and other states in the Caspian Basin. Such a move would mitigate U.S. and European dependence on Middle East oil and help to stabilize world oil prices. Other important beneficiaries of a GSPR would be the Asia-Pacific economies outside the OECD that currently lack strategic reserves. A GSPR offering access to China and other Asian economies would help anchor these states in an important, positive-sum arrangement that highlights shared energy security interests with Russia and the West. If managed responsibly, creating the GSPR will not antagonize OPEC countries, which themselves benefit from stable energy markets. Moreover, developing the GSPR will encourage the reform and modernization of Russian and other transition countries' energy economies and give real substance to collaboration on energy issues between Russia, the EU, and the U.S. If coupled with close collaboration on Caspian energy development, the creation of a GSPR would make U.S. and EU energy ties with Russia and its neighbors sources of substantial, long-term strength.
- Topic:
- Security and Energy Policy
- Political Geography:
- Russia, United States, Europe, Middle East, and Asia
34. Toward the Common Good: Building a New U.S.-Russian Relationship
- Publication Date:
- 07-2001
- Content Type:
- Working Paper
- Institution:
- EastWest Institute
- Abstract:
- The Bush administration faces a Russia that is at a critical and perhaps defining juncture in its history. The country's leadership has launched a reform agenda that, if carried through, will take Russia further down the path toward becoming a modern, market-oriented democracy. The resistance to change in Russia is significant, and the ultimate success of these reforms is far from assured. Yet the reform initiative gives the United States and Russia an opportunity to set their relationship on a new foundation that will enhance international peace, stability, freedom and prosperity in an increasingly interdependent world.
- Topic:
- Security, NATO, and Diplomacy
- Political Geography:
- Russia, United States, Europe, and Asia
35. Banking and Finance Assistance
- Author:
- Eugene Spiro
- Publication Date:
- 08-2001
- Content Type:
- Working Paper
- Institution:
- EastWest Institute
- Abstract:
- The Banking and Finance Assistance Centre (BFAC) of the East West Institute is an independent, international centre whose mission is to provide assistance to financial sector leaders in the transition economies of Central and Eastern Europe (CEE) and the former Soviet Union (FSU). BFAC was established in 1992 by the East West Institute in response to the need expressed by bank executives and finance officials in CEE for a centre to provide impartial, professional, technical advice and assistance in the course of designing and implementing reform initiatives. Supported, among others, by the EWI network and in particular the United States Agency for International Development, BFAC's projects also cover capital markets and pension reform and small- and medium-sized enterprise development.
- Topic:
- Development and Economics
- Political Geography:
- United States, Europe, and Eastern Europe
36. Strategic Images: Perceptions of Russia in the USA and of America in Russia
- Author:
- Dag Hartelius and Natasha Randall
- Publication Date:
- 11-1998
- Content Type:
- Working Paper
- Institution:
- EastWest Institute
- Abstract:
- Over the last year we have witnessed a deteriorating climate in Russian-Western relations - or at least this has been the perception. The Russian financial crisis has accelerated the trend in Russia to blame the West - in particular the US - for their troubles. In America and Europe a new debate has been spawned on what kind of Russia we are now dealing with. Old truths, or old perceptions, are being questioned and relations are being reassessed.
- Topic:
- International Relations and Economics
- Political Geography:
- Russia, United States, America, Europe, and Asia
37. Baltic Sea, America Eurasia: Vision and Action for the 21st Century
- Publication Date:
- 10-1998
- Content Type:
- Working Paper
- Institution:
- EastWest Institute
- Abstract:
- Interdependence, both political and economic, between the different parts of the Baltic Sea region is growing. This means that there is a strong case for cooperative strategies rather than policies based on zero-sum thinking. The positive outcome of the Latvian referendum should be regarded as a crucial building element to promote this cooperation.
- Topic:
- International Relations and Government
- Political Geography:
- Russia, United States, America, Europe, Eurasia, Eastern Europe, and Maryland
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