Commentary Every year, the Stockholm International Peace Research Institute (SIPRI) releases its annual report on the global arms trade. It is a short document (just 12 pages) but a worthwhile read. In particular, it is chockablock with useful data on international arms transfers. In the first place, for example, the volume of overall arms exports…

New Analysis The Russia-Ukraine war has shaken the global arms industry as nations bulk up defense budgets to expand their militaries. Amid an intensified global arms race, South Korea is seeking to become one of the world’s top four weapons suppliers. “By entering the [list of the] world’s top four defense exporters after the United…

Commentary In the 2005 film “Lord of War,” an arms dealer (played by Nicolas Cage) argued that armaments had become one of Russia’s biggest exports since the end of the Cold War. “After that,” he said, “comes vodka, caviar, and suicidal novelists. One thing is for sure, no one was lining up to buy their…