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This important volume tackles the potential problems of international military disarmament. Distinguished scholars across several disciplines discuss possible negative economic and social consequences, including unemployment, conversion costs, and the related hampered growth of research and development, associated with the conversion from a military industrial economy to a civilian complex. The authors present techniques for managing sectoral and regional economic imbalances and conclude that disarmament would ultimately release resources for foreign aid to close the gap between the world's haves and have-nots. Divided into three parts (Models of Disarmament and Conflict Analysis, Economic Conversion, and Management of Peace), this volume addresses specific topics such as techniques of management conflict, factors affecting military expenditures, new prospects for an East-West relationship, American strategic policy and NATO, defense expenditure and economic conversion, Third World arms production, and regional conflict in the wake of superpower convergence. These analyses and discussions will be of particular interest to scholars of Peace Studies, Political Science, Economics, Sociology, and Military Studies.