"Some commentators see the desperate search by countries to acquire commodity-producing firms in other (typically poor, developing) countries as a repeat of the Great Game – the tussle among powers like Britain and Russia for influence in the Middle East and Central Asia during the 19th century. In this view, those that acquire the greatest share of commodity producers early on will enjoy the greatest economic security in the future, as growth in China, India, and other populous developing countries creates shortages of commodity resources. Economic security is the new justification for purchases, such as minority stakes in opaque companies in poorly governed countries, that would otherwise make little business sense."
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The New Great Game
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