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.
"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.
List of figures
List of tables
List of contributors
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