In an international environment displaying significant political-strategic tensions and armed conflicts, continued increases in military expenditure and arms transfers are raising significant concerns about peace, stability, and humanitarian situations in several regions. Escalations in narratives of higher threats and the “necessity” to prepare for conflict are prioritizing the military instrument over other means of conflict management and directly supports growth in the armed forces’ resources.
How should we assess worldwide trends in the arms industry? Did arms sales increase significantly over the last years? If so, what is driving changes in the defence market worldwide?
Dr. Aude Fleurant is the Director of the Arms Transfers and Military Expenditure Programme at the Stockholm International Peace Research Institute (SIPRI) since 2014. Fleurant holds a Ph.D. in Political Science from the University of Québec in Montréal. She has worked extensively on issues concerning the arms and defence industry as well as their political economy.
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