Based on a conference convoked by Economists Against the Arms Race and hosted by Notre Dame U., November-December 1990, this volume addresses the global economic effects of the fundamental reorganization of the arms industry following the end of the Cold War. Following a foreword by Kenneth J. Arrow and an introduction by the editors, the 25 chapter-papers are grouped in three economic and disarmament analysis; from military-industrial complex to socioeconomic development; and trade, investment and disarmament. Annotation copyright Book News, Inc. Portland, Or.