Since their independence in 1991, the former Soviet Republics have gone through difficult transition processes to achieve cultural, economical and political transformations. Diverse internal dynamics have produced diverse outcomes for the countries and peoples of the former Soviet space. While there are different results of transition, there are also similarities due to many common concerns and expectations. The most important question is, What have these new states transformed into where democracy, free market, and functioning civil society are concerned? Or, Has the transformation led to greater polarisation in terms of rich and poor divide, authoritarianism and withdrawal of the state from providing social security, contested geopolitics and increasing external influence? Apart from discussing the challenges that the post-Soviet states face and their coping strategies, the articles in this book also look at how the Eurasian countries participate in the globalisation process while using the energy and natural resources to their benefit.