Abstract
The management of resources can shape or alleviate conflict. This article examines the case of the Caspian Sea as littoral states vie for oil fields in the transboundary water body. These five states have promoted conflicting proposals for the division of Caspian resources and are staking their claims through a mix of diplomatic efforts, international agreements, commercial contracts and militarization. Geoeconomic power has not fully surpassed more traditional, military control of territory in this context which continues to be complex on several geopolitical scales.
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