After a decade of unprecedented expansion, the level of world military spending is now falling, although modestly. Political developments in Europe and the success of arms control negotiations raise hopes for further reductions, however performance has not matched up to the promises, and formidable obstacles to limitations on defense spending still remain. This study analyses world military expenditures at the end of the 1980s and discusses its political and economic implications, paying special attention to recent events and the process of change that characterizes world military expenditure and its determinants. This revealing study will be of interest to students and teachers of international relations, peace studies, and strategic studies, as well as foreign affairs and defense officials.
`Deger and Sen have written a useful book which will help us in our political efforts; in keeping with a SIPRI tradition, the authors do not make specific policy proposals; rather they set the framework and provide useful statistical tables.'
`wide-ranging study ... As with all SIPRI publications, its central strength rests with its statistical data which is not only well presented and analysed, but, because it comes from SIPRI, is balanced and reliable.'
`thoroughly documented with figures and tables ... By virtue of its concise style and excellent documentation, this volume is highly recommended to everybody with an interest in the economic aspects of disarmament and conversion.'
NOD & Conversion
'The book provides a useful summary of the latest state of analysis, including that undertaken by SIPRI itself, on the difficult question of estimating Soviet miltary spending.'
International Affairs, Volume 67, Number 3, July 1991
Introduction: The end of a decade; European NATO; The EC; USA; The Soviet Union; Asia-Pacific; The Third World: Conflict resolution; Debt and economic security; Conclusion: The disarmament dividend?; Appendix A: World military expenditure data 1980-1989; Appendix B: Sources and methods