Publisher's Synopsis
This book presents a report based on Wilton Park Conference 288 held in November 1992 and entitled "Controlling the Arms Trade: Security Imperatives and Economic Consequences". The change in the international atmosphere and the resulting decline in the markets for defence equipment in North America and Europe is a positive incentive for arms control in the future, and it has been supplemented by a decline in the Third World market. This report points out, however, that countervailing pressures are making the restriction of the arms trade more difficult. It remains an open question whether existing opportunities for arms control will be exploited, of if arms control will in fact be "the first casualty of the the post-Cold War peace dividend".
