| E - ISSN | : | 3045-3100 |
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The YSU Journal of International Affairs (YSUJIA) is a peer-reviewed academic journal fostering debate and dialogue on international affairs across humanities and social sciences, including international relations, international history, international law, international political economy, diplomacy, and foreign policies. It aims to link scholars and policymakers while encouraging innovative, interdisciplinary contributions that broaden the scope of current scholarship.
Although the EU has recently shifted toward a more “geopolitical” approach, it has long relied on its normative and transformative soft power to drive political and economic reforms in aspiring member states. However, the success of this approach has varied considerably, particularly between the Western Balkan candidates and the states recently granted candidate status—Ukraine, Georgia, and Moldova. This article compares the EU’s success in exercising soft power in Albania with its struggles in Georgia. The Albanian government has embraced both democratic and acquis-related conditionalities and has agreed with the European Commission on a roadmap to conclude negotiations by 2027, while Georgia’s government has frozen its own path toward opening negotiations. Employing a comparative approach, the analysis examines factors such as government compliance, geopolitical contexts, and external influences, with a special focus on Russia’s role in shaping anti-EU narratives in Georgia. The article argues that strong public support, compliance with EU conditionalities, and the lack of a compelling geopolitical alternative explain the EU’s success in Albania. In Georgia, by contrast, strong public backing has not translated into progress: selective or outright non-compliance, the influence of Russian hard and sharp power, and elite-driven Euroscepticism have weakened the EU’s leverage.
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The outbreak of the 2022 military crisis in Ukraine significantly redefined Kazakhstan’s geopolitical setting, highlighting the limits of its established foreign policy model and steering it toward a proactive hedging approach emblematic of middle powers. Based on the concepts of equidistant diplomacy and hedging, the article illustrates how Astana simultaneously reduces exposure to any single power center and converts participation in the multilateral forums into economic and political gains. Six hedging tracks are examined: Russian, Chinese, European, American (the United States), Turkic, and Southern (Gulf states), as well as an autonomous transit track represented by the Middle or Trans-Caspian Corridor. Drawing on legislative texts, policy declarations, and development frameworks from 2022–2025, the analysis traces Kazakhstan’s evolution from geographic balancing to rules-based portfolio management of interdependence in trade corridors, capital flows, and regulatory standards, highlighting the ongoing institutional entrenchment of Eurasian regionalism. Although Kazakhstan’s bargaining leverage has expanded, its hedging behavior remains limited by the need to coordinate with the C5 group (the five Central Asian states), manage asymmetries with larger economies, and ensure conformity with the institutional norms of the Eurasian Economic Union (EAEU).
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The geoeconomics of Eurasia has been constantly evolving over the past decade. Various events have contributed to these changes, including the outbreak of war in Ukraine, sanctions on Russia’s geoeconomic infrastructure, shifts in the status of the Caspian Sea, and geopolitical developments in the South Caucasus. These transformations have created new conditions in Eurasian geoeconomic dynamics, prompting many stakeholders in the South Caucasus to redefine their geoeconomic roles. Iran’s new engagements in this field are defined within the framework of the Eurasian Economic Union (EAEU) and the Shanghai Cooperation Organization (SCO). Armenia, as a neighboring country with extensive historical ties to Iran, is considered a key player in the South Caucasus and a strategic partner for Iran. Under the new regional conditions, and in response to emerging uncertainties, Armenia serves as an important and reliable access route, especially for Iran–Russia geoeconomic interactions. Trade opportunities and energy cooperation can further deepen these interactions. A strategic partnership offers a low-cost, long-term framework for advancing mutual interests. It must include specific conditions, focus on priority sectors, and align with the interests of Iran and Armenia, as well as broader regional trends.
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In the context of shifting geopolitical alignments and evolving regional strategies, Indo-Russian trade relations are entering a new phase of strategic relevance. This paper examines the potential of the International North–South Transport Corridor (INSTC) as both an instrument for enhancing bilateral trade and a broader geopolitical lever. Two central questions guide the analysis: first, how the INSTC can redefine the scale, efficiency, and scope of economic exchange between India and Russia; and second, how it may influence regional power dynamics amid growing global fragmentation. As Western powers increasingly employ trade as a tool of political coercion, and Russia seeks to recalibrate its international partnerships, the INSTC emerges as a critical avenue for fostering strategic autonomy and connectivity. Beyond its economic utility, the corridor reflects a shared ambition to challenge existing power asymmetries and reinforce multipolarity. This study situates the INSTC within a wider set of developments, including China’s expanding footprint, India’s commitment to a rules-based international order, ongoing geopolitical tensions, and Russia’s pursuit of a rebalanced global security architecture. Against this backdrop, a careful reassessment of the INSTC’s strategic value is necessary to understand its implications for the future of Eurasian connectivity and order.
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The purpose of this essay is to assess why and how Bitcoin —as an unofficial cryptocurrency with an acephalous, dispersed and stateless governance structure— could eventually alter the distribution of polarity within the international system. Through the analytical perspective of strategic foresight as a method to scan the horizon and calculate behavioural patterns, the following contents examine five hypothetical ways (both direct and indirect) in which BTC may either facilitate a potential hegemonic transition or reshape the global balance of power in the coming decades. These prospective possibilities include: 1) Bitcoin’s potential to become a major reserve currency; 2) Bitcoin as a vector of a counter-hegemonic grand strategy; 3) the proliferation of Bitcoin as a mirror of a declining US hegemony; 4) Bitcoin as a linchpin of ‘Pax Americana’ and 5) Bitcoin as a source of inspiration to develop alternatives to the dollar. This discussion integrates the explanatory views of hybrid disciplinary models like geoeconomics, mercantile realism and economic statecraft.
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