Book excerpt: Regional cooperation is increasingly important as a means to create peaceful relations and improve economic development. The problem today is not to initiate cooperation but rather how to handle disputes and maintain good relations. This is done through conflict management mechanisms (CMMs) in most regional cooperation structures. However, the interaction between such structures and regional conflict management mechanisms is not sufficiently examined and, as a result, no coherent theoretical model that could explain this interaction has been constructed. This has meant that in many cases the interaction is incorrectly assumed, with negative social and economic outcomes.