Vojenské Rozhledy

Czech Military Review

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Current Tendencies in the Development of World's Arms Market

Nonreviewed - Other

Dr. Luboš Štancl, CSc.

Vojenské rozhledy / Czech Military Review Nr. ZC/2007, Vol. XVI. (XLVIII.): 145-151

According to the study by Stockholm International Peace Research Institute (SIPRI), the expenses for armament and armed conflict in the world have been increasing in the last ten years by 37 percent (in 2006), they reached 1,204 billion dollars. It is estimated that this trend will continue even the following five years. It is a leading factor for economy trends in the near future, so the author proposes coordinated national armaments policy in world arms market. The article is based upon SIPRI Yearbook 2007 ...168

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