The world arms market has been in continuous flux since the end of the Cold War. This volume providesa comprehensive and policy-relevant analysis of the complex web of contemporary economic trends, political developments and strategic considerations that are shaping the ontours of the new post Cold War world market for weaponary.

The study begins with a survey of global issues, and then reduces its focus to individual states. The United States, as the world's largest arms producer, receives special attention, but second-tier producers in Asia, Europe, the Middle East and South America are also discussed in depth. The collection of authors represents the brightest minds partiipating in the academic discourse on the world's military industries.

The contributors are: Ian Anthony, Michael Brzoska, Gil Feller, Keith Hartley, Efraim Inbar, Michael Intriligator, Aharon Klieman, Ann Markusen, Yitzhak Shichor, Etel Solingen and Benzion Ziiberfarb.