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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 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 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 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.


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.


Defence Industries in the 21st Century

Defence Industries in the 21st Century
Author: Çağlar Kurç
Publisher: Routledge
Total Pages: 240
Release: 2021-05-13
Genre: History
ISBN: 1000191982

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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 Modern Defense Industry

The Modern Defense Industry
Author: Richard Bitzinger
Publisher: Praeger
Total Pages: 0
Release: 2009-10-15
Genre: Business & Economics
ISBN: 0275994759

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A collection of essays on the modern arms industry, examining challenges posed by globalization, regional perspectives of arms-producing countries, and the relationship between the defense industry and the global arms trade.


The Structure of the Defense Industry

The Structure of the Defense Industry
Author: Nicole Ball
Publisher: Routledge
Total Pages: 328
Release: 2021-05-30
Genre: Business & Economics
ISBN: 1000371271

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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.


The Economics of Defense Industry

The Economics of Defense Industry
Author: Thomas-Durell Young
Publisher: Taylor & Francis
Total Pages: 264
Release: 2023-10-17
Genre: History
ISBN: 1000970817

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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.


Economic Security: Neglected Dimension of National Security ?

Economic Security: Neglected Dimension of National Security ?
Author: National Defense University (U S )
Publisher: Government Printing Office
Total Pages: 132
Release: 2011-12-27
Genre: Business & Economics
ISBN:

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On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.