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.
Edited by:
Keith Hartley,
Jean Belin
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 1.052kg
ISBN: 9781138608092
ISBN 10: 1138608092
Series: Routledge Studies in Defence and Peace Economics
Pages: 640
Publication Date: 13 November 2019
Audience:
College/higher education
,
Primary
,
A / AS level
Format: Hardback
Publisher's Status: Active
1. Overview 2. The United States and its Defense Policy 3. China’s Defence Industry 4. The Russian Defence Industry 1980-2025: Systemic Change, Policies, Performance and Prospects 5. The United Kingdom 6. France 7. Trans-European Arms Companies and Industries 8. The Italian Defence Industry 9. Germany 10. The Spanish Defence Industry: A Long Way to Go 11. Greece 12. Polish Defence Industry: Learning to Walk Again 13. Ukraine 14. Switzerland 15. The Swedish Defence Industry – Drawn between globalization and the domestic pendulum of doctrine and governance 16. Norway 17. Turkey 18. The Israeli Defense Industry 19. The Defense Industry of the Republic of Korea 20. Japan’s Defence Industry: From indigenisation to exploring internationalisation 21. Canada’s Defense Industrial Base 22. Defense Industry in Australia 23. Brazil: Reassessing Brazil’s Arms Industry 24. Indian Defence Industry: Will Make in India turn it around? 25. Singapore’s Defence-Industrial Ecosystem 26. South Africa and its Defence Industry 27. North Korea’s Defense Industry 28. Conclusion
Keith Hartley is Emeritus Professor of Economics at the University of York, UK. Jean Belin is Director of the IHEDN Chair in Defence Economics and Assistant Professor at the University of Bordeaux, France.
Reviews for The Economics of the Global Defence Industry
"""At a time of unprecedented global change, where economic and political certainties have been swept away by a tidal wave of social, economic, technological and industrial revolutions, it is crucial that we understand the forces currently shaping the structure, conduct and performance of the global defence sector. This book offers the reader an expert, detailed yet eminently accessible analysis of the global defence industry as it adjusts to the challenging pressures of the new world disorder."", Emeritus Professor Derek Braddon, University of the West of England."
