THE LATEST TRENDS AND CHALLENGES IN THE DEVELOPMENT OF INTENATIONAL TRADE IN ARMS AND MILITARY EQUIPMENT

D. A. Repnikov ()

International Trade and Trade Policy, 2023, vol. 9, issue 2

Abstract: Â Â At the present stage of the development of the world economy, a number of fundamental changes are taking place in the international trade in arms and military equipment (AME), which are mainly associated with the increasing global crisis and increased geopolitical tensions in the world. Within the framework of study, we summarized the main trends and problems in the development of the world arms and military equipment market, which are formed as a result of the aggravation of relations between individual countries and groups of countries. In this regard, this article analyzes changes in the mechanisms, dynamics and structure of AME exports. As a separate aspect of analysis, an assessment of the opportunities for strengthening the positions of new player countries in the market is presented. The changes observed in recent years in the commodity and geographic structure of AME imports are revealed. It was found that due to modern military conflicts, the previously established structures of international arms and military equipment trade are becoming more complex and transforming, and disruptions in global supply chains are causing the formation of a new system of relations between arms exporters and importers

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2023:id:605

DOI: 10.21686/2410-7395-2023-2-134-151

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