The Economics of Offsets

Defence Procurement and Coutertrade

Stephen Martin

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Hardback

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English

Harwood-Academic Publishers
09 February 1996

Central government policies; Warfare & defence; Economic theory & philosophy; International trade; Business & management

Series: Routledge Studies in Defence and Peace Economics

Offsets, or work-sharing arrangements, are frequently requested by governments when buying foreign defence equipment. Under an offset the vendor agrees to place work to a set value with firms in the buying country. Although popular, some claim that offsets create jobs and enhance the defence industrial base. Others argue that offset work would have been won without the offset or that it is low technology work which ceases once the vendor has fulfilled its offset obligation. Somewhat contradictorily, defence exporters with large offset obligation are often criticized for transfering work and technology to potential foreign competitors.

By: Stephen Martin
Imprint: Harwood-Academic Publishers
Country of Publication: Switzerland
Volume: 4
Dimensions: Height: 234mm, Width: 156mm, Spine: 23mm
Weight: 907g
ISBN: 9783718657827
ISBN 10: 3718657821
Series: Routledge Studies in Defence and Peace Economics
Pages: 430
Publication Date: 09 February 1996
Audience: College/higher education , Professional and scholarly , Professional & Vocational , Primary , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Stephen Martin The Centre for Defence Economics University of York, UK