Research Handbook of the Arms Trade

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Abstract

The arms trade remains under-researched due to the post-Cold War anticipation of a peace dividend. The reality however, is that arms expenditures and procurement have substantially increased since 1989. The emergence of an international system characterised by great power competition, which has become more evident since the global pandemic in 2020, has meant that states are increasingly emphasising self-help, deterrence, and ultimately, greater emphasis on military power. This volume examines the key drivers, the trends in the various regions of the world, and the key issues in the arms trade. This work assesses the technological imperative, a key independent variable in the arms trade, though other key drivers are also examined. It finds that defence spending and procurement have remained salient and on a general upward trend, particularly in Asia and the Middle East. This raises a number of issues as to the challenges and prospects of the arms trade.
Original languageEnglish
Place of PublicationUnited Kingdom
PublisherEdward Elgar Publishing
Number of pages488
ISBN (Electronic)9781789900996
ISBN (Print)9781789900989
Publication statusAccepted/In press - Dec 2020

Keywords

  • arms race
  • arms control
  • arms procurement
  • arms spending
  • military technology
  • arms trade

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