Publication

This paper addresses the problem of third-party arms transfer, with a focus on the US. The authors evaluate whether the benefits of greater international cooperation in the field of armament technology offset the risks to national security. According to them, while increasing cooperation and standardized equipment is necessary for the US and its allies to improve security, possible third-party transfers may set off former benefits. Moreover, the authors draw a link between the economic tradeoffs involved in opening the market and the loss of comparative advantage in the armament industry.