Current state of the global arms market in 2016

Authors

  • Alena Sergeevna Stasevich Russian Foreign Trade Academy

Keywords:

armaments market, trends, arms transfers, arms imports, arms exports

Abstract

The state of the global arms market reflects political situation in the world. An increase or decrease in the government military expenditure and arms production can drastically change the situation in a region or in the whole world, influence the political course of the importers, strengthen the potential of the confederation of states. The author provides an analysis of the arms market in 2016, revealing the main military expenditure trends as well as the main exporters and recipients and the position of the Russian Federation in the market.

Author Biography

Alena Sergeevna Stasevich, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Pudovkina, 4A), faculty of the foreign trade management - student

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Published

2024-02-08

How to Cite

Stasevich, A. S. (2024). Current state of the global arms market in 2016. Russian Foreign Economic Journal, (1), 106–113. Retrieved from https://journal.vavt.ru/rfej/article/view/1351

Issue

No. 1 (2018)

Section

Research reviews