Caspian vector of integration of the Shanghai cooperation organization: exogenous and endogenous factors of development of the North Caucasus

Abstract

North Caucasian federal district is considered in the context of its geostrategic importance and geoeconomic understanding. Possibilities of integration of its subjects with the coastal Caspian states and extra-regional states are analyzed; as well as strategic partners of North Caucasus are highlighted. The following groups of subjects in Caspian Sea region are emphasized: coastal near-Caspian countries, countries of the transit zone, traditional regional players and large world players. The author also calculates factors of growth and supposes econometric models of growth of North Caucasian federal district on the basis of methodology of ranging of endogenous and exogenous factors of growth. The conclusion is made on the basis of the research. The main drivers of international economic integration of the majority of subjects of North Caucasian federal district are exogenous factors, and it reflects a nature of extending processes of globalization within the Shanghai cooperation organization.