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Domestic Procurement, Subsidies, and the Arms Trade

In: Arming the South

Author

Listed:
  • Maria Carmen Garcia-Alonso
  • Paul Levine

Abstract

The end of the cold war led to a precipitous drop in the world arms trade. The real volume of the arms trade reached a peak in 1984, fell for two years, rose in 1987, and then declined by over two-thirds up to 1993. World arms sales agreements also declined substantially from a peak of $69.8 billion in 1985 to $38.0 billion (US ACDA, 1995). However, from 1992 to 1993 arms sales agreements rose in nominal terms.

Suggested Citation

  • Maria Carmen Garcia-Alonso & Paul Levine, 2002. "Domestic Procurement, Subsidies, and the Arms Trade," Palgrave Macmillan Books, in: Jurgen Brauer & J. Paul Dunne (ed.), Arming the South, chapter 7, pages 161-191, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50125-6_8
    DOI: 10.1057/9780230501256_8
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    Cited by:

    1. David Kinsella, 2011. "The Arms Trade," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 12, Edward Elgar Publishing.
    2. Gangopadhyay Partha, 2014. "A Formal Model of Arms Market with Cash-for-Favours," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(3), pages 1-18, August.

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