The Threat of Regional Hegemony

The geopolitical importance of the Caspian region does not stem solely from its energy potential. Whether or not the area emerges as a major energy producer, its central geographical location, the considerable potential for regional instability and internal and interstate conflict, and the competition among external powers for influence all suggest that events in the region will shape the balance of power in Eurasia and the geopolitical order that will supplant Russian hegemony. The West, therefore, will have an interest in preserving peace, order, and stability in the south Caucasus and Central Asia.