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Abstract
With the collapse of the Soviet Union, the end of the Cold War and the advancing globalization multilateral export control regimes face increasingly complex challenges and run the risk of becoming less effective. Greater number of supplier states, different threat perceptions, interests and capabilities among regime members, greater role of nonstate actors, increased economic interdependence, and new information technologies make controlling the transfers of sensitive goods and materials increasingly difficult. With the advancement of globalization this process is likely to accelerate. Suppliers of sensitive materials and technologies may want to consider alternative solutions to the proliferation problem, turning again to the original goal of international security and peace, and working to address the concerns and interests of those members of international community who now seek to develop weapons of mass destruction capabilities. Such demand-side approach may not only reduce the dangers of proliferation, but also improve the overall security situation in the world by building trust among nations.