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The Economics of the Global Defence Industry

The Economics of the Global Defence Industry
Author: Keith Hartley
Publisher: Routledge
Total Pages: 499
Release: 2019-11-08
Genre: Business & Economics
ISBN: 0429882696

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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 Modern Defense Industry

The Modern Defense Industry
Author: Richard A. Bitzinger
Publisher: Bloomsbury Publishing USA
Total Pages: 388
Release: 2009-10-15
Genre: History
ISBN: 1567207499

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Whether it's guns and ammunition or multidimensional anti-terrorism systems, the defense industry is dynamic, complex, and ubiquitous. It is also mysterious, powerful, and controversial, involving thousands of players worldwide—from suppliers and producers to government and military procurers to shadowy figures that trade in the black market. This comprehensive, two-volume reference will explore, on a global scale, the various issues, concepts, problems, and controversies surrounding the rise of the modern defense industry. Unparalleled in its scope and insight, The Modern Defense Industry will prove invaluable to the industry's critics and champions alike. The phenomenon of a more-or-less permanent defense industry—especially one so wide in scale, breadth (air, sea, land, and space), technology, and geography—is still relatively new. Until now, its implications for politics, economics, and technology have not been adequately discussed in an authoritative, accessible format for scholars and researchers, business people, journalists, policymakers, and interested laymen. The Modern Defense Industry addresses the period from 1945 to the present, covering the United States, Europe, Russia, China, Israel, and other important arms-producing and arms-procuring countries. Including essays by experts from around the world, a glossary, data on firms and governments, laws and policies, primary documents, case studies, and a host of other elements, this set will be a unique resource for anyone interested in the arms industry. It will also offer penetrating insights into topics like international relations and diplomacy, arms proliferation, and contemporary politics. Volume I comprises chapters by experts in the field on topics like the relationship between the industry, military, and government; how new modes of warfare are changing the industry; the implications of globalization on the industry; the black and gray areas of the arms trade; and much more. Volume II features an extensive A-Z glossary of terms, lists of defense firms and government agencies, annotated primary documents, lists of leading defense contractors and key weapons systems, an analysis of key legislation, and professional organizations. The Modern Defense Industry sets the standard for state of the art overviews of an industry that has, for better or worse, come to infuse nearly every aspect of world affairs in the early twenty-first century.


Defence Economics

Defence Economics
Author: Keith Hartley
Publisher: Cambridge University Press
Total Pages: 130
Release: 2020-08-20
Genre: Business & Economics
ISBN: 1108890008

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This Element introduces students, policy-makers, politicians, governments and business-people to this new discipline within economics. It presents the recent history of the subject and its range of coverage. Traditional topics covered include models of arms races, alliances, procurement and contracting, as well as personnel policies, industrial policies and disarmament. Newer areas covered include terrorism and the economics of war and conflict. A non-technical approach is used and the material will be accessible to both economists and general readers.


The Economics of Arms

The Economics of Arms
Author: Keith Hartley
Publisher: Economics of Big Business
Total Pages: 204
Release: 2017
Genre: Weapons industry
ISBN: 9781911116240

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This book explains how the arms industry makes its money. Keith Hartley offers an authoritative nontechnical introduction to the economics of arms industries and considers future trends, such as whether arms industries are better under state or private ownership, and how they can meet the challenge of new threats in different forms.


Handbook of Defense Economics

Handbook of Defense Economics
Author: Todd Sandler
Publisher: Elsevier
Total Pages: 699
Release: 2007-04-12
Genre: Political Science
ISBN: 0080478298

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The second volume of the Handbook of Defense Economics addresses defense needs, practices, threats, and policies in the modern era of globalization. This new era concerns the enhanced cross-border flows of all kinds (e.g., capital and labor flows, revolutionary rhetoric, guerrillas, and terrorists) including the spillovers of benefits and costs associated with public goods and transnational externalities (i.e., uncompensated interdependencies affecting two or more nations). These ever-increasing flows mean that military armaments and armies are less able to keep out security threats. Thus, novel defense and security barriers are needed to protect borders that are porous to terrorists, pollutants, political upheavals, and conflicts. Even increased trade and financial flows imply novel security challenges and defenses. Globalization also underscores the importance of a new set of institutions (e.g., the European Union and global governance networks) and agents (e.g., nongovernmental organizations and partnerships). This volume addresses the security challenges in this age of globalization, where conflicts involve novel tactics, new technologies, asymmetric warfare, different venues, and frightening weapons. Volume 2 contains topics not covered in volume 1 – i.e., civil wars, peacekeeping, economic sanctions, the econometrics of arms races, conversion, peace economics, and the interface of trade, peace, and democracy. Volume 2 also revisits topics from volume 1, where there has been a significant advancement of knowledge – i.e., conflict analysis, terrorism, arms races, arms trade, military manpower, and arms industries. All of the main securities concerns of today are analyzed. Chapters are written by the leading contributors in the topic areas. *Up-to-date surveys on the pressing defense issues: theoretical, empirical and policy issues.*Coverage of theoretical and empirical studies of terrorism.*Contributions by the leading researchers in the field of defense economics.


The Politics and Economics of Defence Industries

The Politics and Economics of Defence Industries
Author: Efraim Inbar
Publisher: Routledge
Total Pages: 244
Release: 2013-09-13
Genre: History
ISBN: 1135226946

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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
Author:
Publisher:
Total Pages: 0
Release: 2023
Genre: HISTORY
ISBN: 9781003400936

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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.


Defense Economics

Defense Economics
Author: Gavin Kennedy
Publisher: Bloomsbury Academic
Total Pages: 262
Release: 1983
Genre: Business & Economics
ISBN:

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Study of defence economics, defence budgeting and arms procurement in UK, France, Germany, Federal Republic, Canada, USA, and USSR, the defence industry's militarism, and economics of disarmament - includes a literature survey of military expenditure and background economic theory; examines NATO and selected countries' gross national product and per capita national income; analyses defence planning, inter- relationship between military institutions and industries supplying military hardware; considers impact of defence spending. Bibliography.


The Political Economy of Defence

The Political Economy of Defence
Author: Ron Matthews
Publisher: Cambridge University Press
Total Pages: 525
Release: 2019-05-09
Genre: Business & Economics
ISBN: 1108424929

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A contemporary and comprehensive analysis of national and supranational defence governance in an uncertain and increasingly dangerous world. This book will appeal to policymakers, analysts, graduate students and academics interested in defence economics, political economy, public economics and public policy.


The Economics of Defense

The Economics of Defense
Author: Todd Sandler
Publisher: Cambridge University Press
Total Pages: 408
Release: 1995-05-18
Genre: Business & Economics
ISBN: 9780521447287

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This compelling book provides an up-to-date survey of the field of defense economics, the study of defense and peace issues, with the application of economic analysis and methods. The subject embraces both microeconomics and macroeconomics, taking into account such features as growth theory, comparative statistics, game theory and econometrics. A wide range of topics are addressed, including all aspects of the economics of defense, disarmament, conversion and peace. The implications of different organizational forms and their performances are examined, considering the efficient management of defense resources budgets and internal markets in the armed forces. In this groundbreaking volume, Sandler and Hartley synthesize and unify the vast literature on defense economics and peace science.