1st Edition

The Economics of Defense Industry Contemporary Prospects and Challenges

Edited By Thomas-Durell Young Copyright 2024
228 Pages
by Routledge

228 Pages
by Routledge

228 Pages
by Routledge

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... Read more

Introduction—The economics of defense industry: contemporary prospects and challenges

Thomas-Durell Young                                  

Part I: Historical perspectives

1. Defence procurement in perspective: what the history of the aircraft industry can tell us about UK defence procurement

Matthew Powell

2. Why the Turkish defense industry between 1919 and 1950 failed?

Uğur Ermiş and Günseli Gűműşel

3. The Czech defence and security industry: taking the pulse to an ailing man

Bohuslav Pernica 

4. Defence industry in Iran: between needs and real capabilities

Robert Czulda

5. The decline of South Africa’s defence industry

Ron Matthews and Collin Koh          

6. The Greek defence industry: from crisis to equilibrium   

Spyridon Plakoudas

7. Addressing the “headwinds” faced by the European arms industry                     

Mitja Kleczkaa, Caroline Buts, and Marc Jegersa

Part II: Defence industrial policies and practices

8. Success and failures of the Gripen offsets in the Visegrad Group countries

Zsolt Lazar

9. Clustering in defence-related procurement: the case of a Belgian naval construction cluster

C. Peeters and R. Pilon         

10. Make or buy? Explaining diverging frigate procurement approaches in Denmark and Norway

Michael Kluth

11. The challenges in buyer-supplier relationship for technological absorption capability in international defence acquisition: the case of Southeast Asia

Kogila Balakrishnan and Zsolt Lazar

Conclusion:  The Economics of Defense Industry

Kogila Balakrishnan and Zsolt Lazar

Biography

Thomas-Durell Young is Senior Academic Advisor at President’s Office at the Defense Security Cooperation University, Washington, DC, USA. He is the Editor-in-Chief of Defense & Security Analysis. His latest book is Anatomy of Post-Communist European Defense Institutions: The Mirage of Military Modernity (2017).