Ann Markusen is an economist, Senior Fellow at the Council on Foreign Relations and Director of the Project on Regional and Industrial Economics at the Hubert H. Humphrey Institute of Public Affairs, University of Minnesota, USA. Sean DiGiovanna is Assistant Professor in Urban Studies at Rutgers University, USA. Michael C. Leary is at the Hubert H. Humphrey Institute of Public Affairs, University of Minnesota, USA.

• 1. From Defence to Development? Ann Markusen and Sean DiGiovanna 2. Post Cold War Conversion: Gains, Losses and Hidden Changes in the US Economy Michael Oden, Laura Wolf-Powers, and Ann Markusen 3. Spanish Defense Industrial Restructuring in the Post-Cold War Decade Antonia Casellas 4. The Polish Defense Industry: REstructuring in the Midst of Economic Transition Marla Nelson 5. The Dismantling of the Argentine Defense Industry Graziellla Cavicchia 6. Diversification and Niche Market Exporting: The Restructuring of Israel's Defense Industry in the Post-Cold War Era ^David Lewis 7. Defense Conversion in South Africa: A Lost Opportunity Soraya Goga 8. Diversification of Defense Based Industries in India Sudha Maheshwari 9. Defense Conversion in China: an Economic Review Shaolin Chen 10. The South Korean Defense Industry in the Post Cold War Era Yong-Sook Lee and Ann Markusen