The Economics of the Global Defence Industry

The Economics of the Global Defence Industry PDF Author: Keith Hartley
Publisher: Routledge
ISBN: 0429882696
Category : Business & Economics
Languages : en
Pages : 499

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Book Description
This book makes an original contribution to our knowledge of the world’s major defence industries. Experts from a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South Africa and North Korea – describe and analyse the structure, conduct and performance of the defence industry in that country. Each chapter opens with statistics on a key nation’s defence spending, its spending on defence R&D and on procurement over the period 1980 to 2017, allowing for an analysis of industry changes following the end of the Cold War. After the facts of each industry, the authors describe and analyse the structure, conduct and performance of the industry. The analysis of ‘structure’ includes discussions of entry conditions, domestic monopoly/oligopoly structures and opportunities for competition. The section on ‘conduct’ analyses price/non-price competition, including private and state funded R&D, and ‘performance’ incorporates profitability, imports and exports together with spin-offs and technical progress. The conclusion explores the future prospects for each nation’s defence industry. Do defence industries have a future? What might the future defence firm and industry look like in 50 years’ time? This volume is a vital resource and reference for anyone interested in defence economics, industrial economics, international relations, strategic studies and public procurement.

The Economics of the Global Defence Industry

The Economics of the Global Defence Industry PDF Author: Keith Hartley
Publisher: Routledge
ISBN: 0429882696
Category : Business & Economics
Languages : en
Pages : 499

Get Book

Book Description
This book makes an original contribution to our knowledge of the world’s major defence industries. Experts from a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South Africa and North Korea – describe and analyse the structure, conduct and performance of the defence industry in that country. Each chapter opens with statistics on a key nation’s defence spending, its spending on defence R&D and on procurement over the period 1980 to 2017, allowing for an analysis of industry changes following the end of the Cold War. After the facts of each industry, the authors describe and analyse the structure, conduct and performance of the industry. The analysis of ‘structure’ includes discussions of entry conditions, domestic monopoly/oligopoly structures and opportunities for competition. The section on ‘conduct’ analyses price/non-price competition, including private and state funded R&D, and ‘performance’ incorporates profitability, imports and exports together with spin-offs and technical progress. The conclusion explores the future prospects for each nation’s defence industry. Do defence industries have a future? What might the future defence firm and industry look like in 50 years’ time? This volume is a vital resource and reference for anyone interested in defence economics, industrial economics, international relations, strategic studies and public procurement.

The Politics and Economics of Defence Industries

The Politics and Economics of Defence Industries PDF Author: Efraim Inbar
Publisher: Routledge
ISBN: 1135226946
Category : History
Languages : en
Pages : 244

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Book Description
This volume provides a policy-relevant analysis of the complex web of contemporary economic trends, political developments and strategic considerations that are shaping the contours of the new post-Cold War world market for weaponry.

The Economics of Defense Industry

The Economics of Defense Industry PDF Author: Thomas-Durell Young
Publisher: Taylor & Francis
ISBN: 1000970817
Category : History
Languages : en
Pages : 264

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Book Description
This book on the economics of defence industry assesses a series of historical and contemporary case studies that consistently demonstrate the need for governments to recognise, and thereafter factor, the financial needs of a narrow industrial sector that is capital intensive, technologically advanced and that requires a highly skilled labour force. Since the end of the cold war, Western governments have systematically reduced financial support to their domestic defence industry and have seemingly ignored planning and funding industrial mobilisation. In all cases, government policy has been to encourage industries to consolidate capacity to become financially viable in a sector that has seen diminished demand. The 2022 Russian invasion of Ukraine has caused Western governments to reassess their previous assumptions. Efforts to increase industrial capacity have been met with the iron laws of economics whereby businesses need to show return on investments. The chapters in this volume posit that efforts to rationalise industrial capacity and innovation to meet short-term financial efficiencies, inevitably results in limited, expensive, and long delays in increased production in times of international crisis. This book serves as an essential guide for academics, researchers and students interested in defence economics, industrial economics, international relations, and industrial policy. The chapters in this book were originally published in various issues of Defense & Security Analysis.

The Structure of the Defense Industry

The Structure of the Defense Industry PDF Author: Nicole Ball
Publisher: Routledge
ISBN: 1000371271
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Proponents of arms control and disarmament are often confronted with the argument that reductions in defense expenditure lead to cutbacks in military industries and thus to economic hardship. While a reduction in defense production would cause some economic dislocation, this would be mitigated by the ability of the economy to adapt to changing patterns of production. This book, first published in 1983, assesses the likely effects of reductions in defense industries by an examination of the roles these industries play in national economies. Each chapter discusses industry employment, output, research and development, capital value, profitability, concentration and competition, internal organization and regional employment concentration. Other questions considered include the economic importance of weapons exports, the defense industry as a ‘leading edge’ in maintaining national technological capabilities, and the reliance of individual firms on defense contracting.

Defence Industries in the 21st Century

Defence Industries in the 21st Century PDF Author: Çağlar Kurç
Publisher: Routledge
ISBN: 1000192008
Category : History
Languages : en
Pages : 344

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Book Description
Defence Industries in the 21st Century explores the transformation in the global defence industrial production through examining the interaction between international and domestic factors. With the global defence industry and arms market likely continue to expand and mature, the ways in which this progression could influence international politics remain obscure. In practice, as the contents of this book show, the defence industrial bases and arms export policies of emerging states display significant variance. This variance is the result of a unique balance between domestic and international factors that has shaped the defence industrialisation behaviour and policies of the less industrialised states. One of the most important conclusions of the book is that the interplay between domestic and international factors clearly influences the variation in the emerging states’ defence industrialisation policies, as well as their success or failure. While international factors create opportunities, they also limit the options available to emerging economies. Domestic factors also play an important role by shaping the policy choices of the states’ decision makers. Exploring the balance between international and domestic factors and the ways in which they influence defence industrialisation in emerging states, Defence Industries in the 21st Century will be of great interest to scholars of Defence Industries, Arms Manufacturing, and Defence, Strategic and Security Studies more generally. The chapters were originally published in Defence Studies, Comparative Strategy and All Azimuth.

The Future of the Defence Industries in Central and Eastern Europe

The Future of the Defence Industries in Central and Eastern Europe PDF Author: Ian Anthony
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
This report examines the defence industries in Central and Eastern Europe as they attempt to restructure in the wake of changes brought about by the end of the cold war and downward trends in both military expenditure and arms exports. Separate chapters examine the developing military doctrines in Central and Eastern Europe, the trend in military expenditure, the nature of the efforts to restructure the defence industries, the international dimensions of industrial restructuring and the role of arms exports. Finally, the book attempts to relate the on-going process of defence industrial restructuring into the context of an overall economic structural adjustment that is now underway in the countries under study.

Defence Offsets and the Global Arms Trade

Defence Offsets and the Global Arms Trade PDF Author: Jonata Anicetti
Publisher: Taylor & Francis
ISBN: 1003849253
Category : Political Science
Languages : en
Pages : 179

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Book Description
This book offers the first comprehensive study of defence offsets and its economic, security, political and theoretical implications. Originating in the second half of the 19th century, defence offsets - additional economic, industrial and technological benefits to states for buying foreign weapons - have since been a key feature of the global arms trade and defence industry. And yet, offsets are an under-researched and under-theorised phenomenon. This book fills this gap in the literature by offering the first general theory of defence offsets, as well as the first systematic analysis of the offset phenomenon. By building on the insights of scholars of defence economics and drawing from the International Relations liberal paradigm, as well as reviving and adapting Robert Putnam’s two-level game framework, the book proposes a liberal-rationalist theory of defence offsets. It then proves the worth of such a theory through Qualitative Comparative Analysis (QCA) of fifty-four fighter aircraft transfers from 1992 to 2021 inclusive, and three in-depth case studies addressing offsets negotiated and agreed to as part of fighter aircraft competitions in Brazil, India, and South Korea. This book will be of interest to students of defence studies, defence economics, security studies and international relations.

The Economics of Defense Industry

The Economics of Defense Industry PDF Author: Thomas-Durell Young
Publisher: Taylor & Francis
ISBN: 1000970795
Category : History
Languages : en
Pages : 247

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Book Description
This book on the economics of defence industry assesses a series of historical and contemporary case studies that consistently demonstrate the need for governments to recognise, and thereafter factor, the financial needs of a narrow industrial sector that is capital intensive, technologically advanced and that requires a highly skilled labour force. Since the end of the cold war, Western governments have systematically reduced financial support to their domestic defence industry and have seemingly ignored planning and funding industrial mobilisation. In all cases, government policy has been to encourage industries to consolidate capacity to become financially viable in a sector that has seen diminished demand. The 2022 Russian invasion of Ukraine has caused Western governments to reassess their previous assumptions. Efforts to increase industrial capacity have been met with the iron laws of economics whereby businesses need to show return on investments. The chapters in this volume posit that efforts to rationalise industrial capacity and innovation to meet short-term financial efficiencies, inevitably results in limited, expensive, and long delays in increased production in times of international crisis. This book serves as an essential guide for academics, researchers and students interested in defence economics, industrial economics, international relations, and industrial policy. The chapters in this book were originally published in various issues of Defense & Security Analysis.

Defence Industry in a Global Context

Defence Industry in a Global Context PDF Author: Neil Latham
Publisher: Royal United Services Institute (RUSI)
ISBN:
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
1990'erne var kendetegnet ved at de enkelte lande i mindre grad anvendte midler til indkøb af materiel til forsvaret. I 2001 er udgifterne til forsvarsmateriel på globalt plan igen begyndt at stige. Hæftet analysere hvorledes industrien er vokset i Sydafrika, Rusland og USA, har sammenlignet tendensen og har på baggrund heraf analyseret Englands nuværende tænkning og policy på området.

Restructuring the Global Military Sector

Restructuring the Global Military Sector PDF Author: Mary Kaldor
Publisher:
ISBN:
Category : International relations
Languages : en
Pages : 264

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Book Description