The Geoeconomics of Russia's Greater Eurasia Initiative

In: Asian politics & policy: APP, Band 11, Heft 4, S. 566-585

Abstract

Moscow is gradually replacing geopolitics with geoeconomics as power is recognized to originate from asymmetrical economic dependence. Geoeconomics entails state support for asserting control over strategic industries, transportation corridors, and instruments for international economic cooperation. Moscow endeavors to reposition Russia away from the dual periphery of Europe and East Asia by creating a new Eurasian constellation. Eurasian integration aims to reduce the excessive reliance on Western‐centric supply chains and shift the "balance of dependence." Diversifying economic connectivity within Greater Eurasia is imperative to ensure that Russia's excessive reliance on the West is not merely replaced with disproportionate dependence on China.