SIPRI Research Reports Military Expenditure

The purpose of this study is to analyze world military expenditure at the end of the 1980s, and to discuss political and economic implications. The book surveys recent events and describes the process of change that characterizes international military expenditure, and the determinants. The purpose of this book is to analyse world military expenditure at the end of the 1980s, and to discuss its political and economic implications. After a decade of unprecedented expansion of international military spending, its level is falling, though modestly. Political developments in Europe and the success of arms control negotiations raise hopes for further reductions. In addition, technological and economic structural disarmament is adding to the pressure for reductions. However, performance has not matched up to promises, and formidable obstacles to defence spending limitations still remain. Military Expenditure surveys recent events and describes the process of change that characterizes international military expenditure, and its determinants, at this time of transformation.