This book analyzes the political and economic development of the ethnic republics of the North Caucasus in post-communist Russia and the prospects for greater stability in the region, including the resolution of existing conflicts. It assesses the main dilemmas for regional leaders and their policy responses. The author studies the dynamics within the region overall, between the republics of the Russian Federation and the Caucasus states, as well as the main tendencies in relations between these republics and the Russian federal authorities. The implications for security and the prospects for economic cooperation are emphasized. Central Asian and Caucasian Prospects Series