Political economy of the impacts of Chinese and Russian interest on MENA economies

The Middle East and North Africa (MEANA) has always been the relevant area for Russia and China's influence indicator. In the first part of the study, the investments of China and Russia in the countries of the region are discussed in detail. In the other part of the same section, a political-economic analysis of these investments was made and the investment policies of China and Russia towards the region were discussed. In this respect, the extent to which projects such as the Silk Road and One Belt One Road affect both the Chinese economy and the economies of the countries in the region, and which sectors the Chinese and Russian investments are directed to in the years 2018-2022 are analyzed. Finally, the political motivations of China and Russia towards the MENA region in historical perspective are analyzed with the theories of global hegemony. The basis of the political motivations of China and Russia on the region, their similarities and contrasts have been one of the main research motivations of the study. In the second part of this research, the general economic structure of the Middle East and North African countries and the integration of these countries to globalization were evaluated. It has been researched what the rentier state theory is and what consequences it has for the countries mentioned; The measures to be taken in order to ensure the economic diversification of these countries in the future are discussed. The effect of Foreign Direct Investments on international trade and import and export rates of countries in MENA countries, which is the main subject of the research, has been tested by empirical analysis. While the Dynamic Panel Data model is preferred as the empirical method; Data from 11 countries in the 2011-2021 time period were used as a data set. While making the empirical analysis, the dependent variables are taken as import and export figures; The independent variable is foreign direct investment data.