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After marked reductions in military spending in the 1990s military budgets around the world are on the increase. In this book, renowned authorities re-examine the economics of military expenditure, arms production and arms trade in developing nations. There is analysis of military spending in Africa, Asia and Latin America and new forms of civil conflict are covered; nine case studies (Saudi Arabia, South Africa, Mozambique, Angola, sub-Saharan Africa, Greece, Turkey, Guatemala and Chile) are also included.