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Global Arms Trade and Oil Dependence*.

2018
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Release : 2018
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Book Synopsis Global Arms Trade and Oil Dependence*. by :

Download or read book Global Arms Trade and Oil Dependence*. written by . This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: Abstract We investigate how oil dependence affects the trade of weapons between countries. We argue that oil-dependent economies have incentives to transfer arms to oil-rich countries to reduce their risk of instability and, as a result, the chances of disruption in the oil industry. We employ gravity models of the arms trade and estimate the effect of both a local as well as a global oil dependence. Two key results emerge. First, the volume of arms transfers to a specific country is affected by the degree of dependence on its supply of oil. Second, global oil dependence motivates arms export to oil-rich countries even in absence of a direct bilateral oil-for-weapons exchange. Our results point consistently toward the conclusion that the arms trade is an effective foreign policy tool to securing and maintaining access to oil.

Energy (In)Security and the Arms Trade

2018
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Release : 2018
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Book Synopsis Energy (In)Security and the Arms Trade by : Vincenzo Bove

Download or read book Energy (In)Security and the Arms Trade written by Vincenzo Bove. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: We provide novel empirical models of the arms trade and focus on the role of energy dependence, in particular of oil, in explaining the trade of weapons between countries. Dramatic geopolitical events such as wars can cause significant disruptions in the supply of oil and increase oil prices. Oil-dependent economies have therefore incentives to provide security by selling or giving away arms to oil-rich countries and reduce the risk of instability. We find strong empirical support for this claim using data on international transfers of major weapons and information on global and local oil dependence, oil reserves and oil discoveries.

Global Arms Trade

1991 Business & Economics
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Release : 1991
Genre : Business & Economics
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Book Synopsis Global Arms Trade by :

Download or read book Global Arms Trade written by . This book was released on 1991. Available in PDF, EPUB and Kindle. Book excerpt:

Arms for Oil

2005 Business & Economics
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Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : 987/5 ( reviews)

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Book Synopsis Arms for Oil by : Michael Barratt Brown

Download or read book Arms for Oil written by Michael Barratt Brown. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: It is a fact, an unfortunate fact, that economic relations between the West and the Arab and other Islamic countries could for many years be described accurately in just three words Oil for Arms or alternatively Arms for Oil. This has a long history going back to the First World War, when the Ottoman Empire was broken up between the British and French Empires and client regimes were established in the newly created states. The Second World War brought in the American Empire, but the main purpose of all these empires was to control the rich oil reserves in the region. Arms were supplied as necessary to maintain the client regimes in power. This became essential if oil was to remain cheap.

The Global Politics of Arms Sales

2014-07-14 Business & Economics
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Release : 2014-07-14
Genre : Business & Economics
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Book Rating : 27X/5 ( reviews)

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Book Synopsis The Global Politics of Arms Sales by : Andrew J. Pierre

Download or read book The Global Politics of Arms Sales written by Andrew J. Pierre. This book was released on 2014-07-14. Available in PDF, EPUB and Kindle. Book excerpt: Marshaling a great deal of new information in a highly readable manner, the author explains the reasons for the dramatic expansion of arms sales during the past decade and clearly traces such trends as the rise in sophistication of weapons being sold so as to include the most advanced technologies, and the shift in sales to unstable parts of the Third World. Originally published in 1982. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

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