Includes index.

Contents: Part I : Introduction : The global arms trade -- Part II : Arms modernization after the cold war : Defense spending and procurement trends in South-east Asia -- Arms modernization in Asia : an emerging complex arms race -- Friends in need or comrades in arms race -- India's arms acquisition : devoid of a strategic orientation -- Japan's arms procurement after the cold war -- Arming North Korea -- Arms modernization in the Middle East -- Iran's defence spending and arms procurement -- Post-cold war defence procurement in Europe -- Defence spending and procurement in post-communist Russia -- Arms modernization in Latin America -- Part III : The arms industry after the cold war : The global arms trade after the cold war -- Globalization revisited : internationalizing armaments production -- Defence industry restructuring and consolidation in Europe -- The US defence industry after the cold war -- The United Kingdom arms industry in a globalized world -- Defence industries in Israel -- Part IV : Key issues in the global arms trade : The military industrial complex -- Defence spending and development -- Post-cold war control of conventional arms -- Insurgencies and the impact on arms procurement -- Private military and security companies and the international trade in small arms and light weapons -- Future war : the shape of arms to come.