Global Insights: U.S., Russia Maintain Arms Sales Duopoly

When examining the effects of globalization, the international arms market presents an interesting case. It is certainly a global market in terms of distribution, with almost every country in the world, as well as many non-state actors, buying and selling weapons. And its impact is also felt throughout the world, for good as well as ill. But when it comes to the most sophisticated weapons — such as advanced warplanes, warships, tanks and missiles — that can reshape the balance of military power between important countries, the same states that have dominated the high-end of the international arms trade for […]