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Small Islands in Maritime Disputes: Greek Turkish Energy Geo-politics

Vedat Yorucu, Ozay Mehmet

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Springer International Publishing img Link Publisher

Naturwissenschaften, Medizin, Informatik, Technik / Wärme-, Energie- und Kraftwerktechnik

Beschreibung

This book explores the delicate interconnections between law and economics, especially as regards island entitlements under international maritime law. This is an area in the literature generally overlooked because maritime law has been the domain of legal experts. Maritime boundary disputes are over resources, a vitally important economic subject. Yet, the economics of maritime law has been ignored. Lawyers and legal experts have dominated the field, to the alarming degree of causing needless international conflicts. Our monograph addresses this serious neglect. The methodology would be rational behavior model, one specifically formulated to make the case that dialog and negotiation between these countries is the rational choice leading to win-win outcome in the Aegean and Eastern Mediterranean territorial waters. Public and private sector actors identified as key decision-makers in all phases of hydrocarbon development and monetization, within an overall win-win framework.

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Schlagwörter

Rational Behavior, Global Disputes in Continental Shelves, Small Islands, ICJ and International Court of Arbitration Decisions, Maritime disputes, Regional Geopolitics, Aegean Dispute vs Eastern Mediterranean, Turkish-Greek Relations, UK-Ireland, UK-IOM disputes