The Economics of the Global Defence Industry: 1st Edition (Hardback) book cover

The Economics of the Global Defence Industry

1st Edition

Edited by Keith Hartley, Jean Belin

Routledge

592 pages | 73 B/W Illus.

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Hardback: 9781138608092
pub: 2019-11-20
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Description

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.

Reviews

"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.

Table of Contents

List of figures

List of tables

List of contributors

Preface

Chapter 1. Overview

Chapter 2. The United States and its Defense Policy

Chapter 3. China’s Defence Industry

Chapter 4. The Russian Defence Industry 1980-2025: Systemic Change, Policies, Performance and Prospects

Chapter 5. The United Kingdom

Chapter 6. France

Chapter 7. Trans-European Arms Companies and Industries

Chapter 8. The Italian Defence Industry

Chapter 9. Germany

Chapter 10. The Spanish Defence Industry: A Long Way to Go

Chapter 11. Greece

Chapter 12. Polish Defence Industry: Learning to Walk Again

Chapter 13. Ukraine

Chapter 14. Switzerland

Chapter 15. The Swedish Defence Industry – Drawn between globalization and the domestic pendulum of doctrine and governance

Chapter 16. Norway

Chapter 17. Turkey

Chapter 18. The Israeli Defense Industry

Chapter 19. The Defense Industry of the Republic of Korea

Chapter 20. Japan’s Defence Industry: From indigenisation to exploring internationalisation

Chapter 21. Canada’s Defense Industrial Base

Chapter 22. Defense Industry in Australia

Chapter 23. Brazil: Reassessing Brazil’s Arms Industry

Chapter 24. Indian Defence Industry: Will Make in India turn it around?

Chapter 25. Singapore’s Defence-Industrial Ecosystem

Chapter 26. South Africa and its Defence Industry

Chapter 27. North Korea’s Defense Industry

Chapter 28. Conclusion

Index

About the Editors

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

About the Series

Routledge Studies in Defence and Peace Economics

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS070050
BUSINESS & ECONOMICS / Industries / Manufacturing Industries
BUS082000
BUSINESS & ECONOMICS / Industrial Management