Developments in the Global Supply of Arms: Opportunity and Motivation

Michael Brzoska and Frederic S. Pearson

The ANNALS of the American Academy of Political and Social Science, 1994, vol. 535, issue 1, 58-72

Abstract: Likely trends in the supply side of the arms trade are examined, considering the opportunities and motives available to key actors and the changing international system that constrains their options. Among suppliers, the United States remains predominant, if somewhat more commercially than hegemonically oriented than in the past. Despite reassertive efforts and lower prices in the arms field, Russian export prospects are questionable, given uncertainties over budgetary investments, lagging technology, and potentially unreliable parts production or supply. West European sales are likely to remain confined to niches, since there still are no single unified European Union production and marketing mechanisms. China, the least predictable supplier, remains on an economic arms sales push. The depressed market for third-tier suppliers seems likely to persist. The global move to restructure defense industries is likely to lead to a shift from overproduction of finished arms, with many dual-use products emerging instead.

Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:535:y:1994:i:1:p:58-72

DOI: 10.1177/0002716294535001005

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