Russia in the system of functioning models of the modern world market for arms and military equipment

Abstract

In the context of modern geopolitical conflicts, which have led to complications in the international trade and investment cooperation between countries, there are serious changes in the positions of states in the global export of arms and military equipment (hereinafter referred to as AME). Structural transformations in the international exchange of the AME are also conditioned by the clash of economic interests of individual countries due to globalisation of recent decades as well as by the use of various models of production and export of the AME at the national level. As shown in our article, states of the world are seriously differentiated in their own production of the AME according to the degree of their dependence on imports and foreign suppliers of components and technologies. The fact that countries can be advanced participants in the technological chain or be niche suppliers determines new directions for their international specialisation and, largely, the rules and nature of competition in the modern AME market. As part of the presented analysis of the national specialisation models of states, the competitive advantages and weaknesses of Russia as one of the leading arms exporters in the world are shown. At the same time, the foreign policy and economic risks of strengthening its position in the global AME trade have been assessed. Based on the results of the study, directions for reinforcing the potential of the Russian military-industrial complex in the world AME market have been formulated.

Keywords

• military-industrial complex
• weaponry
• military equipment
• conventional weapons
• international trade
• arms export
• globalisation
• global crisis
• state defense order