The Arms Industry is an area that is of huge concern to many people around the world. The economics of this hugely important industry are a vital strand that needs to be understood.
This volume brings together contributors from all over the globe, such as Todd Sandler and Keith Hartley, and focuses on the important issues surrounding the Arms Trade such as:
*the determinants of US military expenditure
*alliance formation and expansion
*new challenges to export controls
This well-rounded, comprehensive book will be of huge interest to students and academics involved in the economics of defence, as well as more general studies of the defence industry. The book will also be an invaluable read for those with an interest in the Arms Industry such as policy-makers and corporate managers.

This book offers a timely and critical reflection on how states have responded to the test of terrorism in the long shadow of 9/11. Terrorism has become the hallmark of international relations in the early twenty-first century. This book provides a policy-focused analysis of how certain states have responded to its test by employing a range of viewpoints that encompass state level responses down to a close interrogation of the nebulous non-state actors who have orchestrated spectacular political violence in contemporary times. It engages with the challenges of terrorism from a variety of perspectives that include philosophical discourses, the perils of counterterrorism encapsulated in the death of Jean Charles de Menezes, learning in counterinsurgency, the effectiveness of counterterrorism spending, Al Qaeda's modus operandi and the threat posed by Boko Haram to Nigeria. This eclectic collection of chapters is an important contribution to the wide-ranging and contested debate about terrorism that has dominated the political discourse in the West since 2001. This book was published as a special issue of Defense and Security Analysis.

China is flexing its growing military and strategic clout in the pursuit of broadening national security interests. At the same time, the country s economic and technology policies have also become more nationalistic, state-centered, and ambitious. China s defense economy has set its sights on catching up with the West by the beginning of the 2020s and is making steady progress in building up its innovation capabilities, although this is presently in the form of incremental and sustaining types of activities. More high-end, disruptive forms of innovation that would lead to major breakthroughs are likely to be beyond China s reach in the near-to medium term.

This volume provides a wide-ranging and detailed assessment of the present state of the Chinese defense economy at a time of rapid change and accelerating advancement in its innovation capabilities and performance. This collection of articles has three main goals: (1) to locate China s defense innovation dynamics within broader historical, technological and methodological frameworks of analysis; (2) to assess the performance of the Chinese defense economy s six principal subsectors; and (3) to compare China s approach to defense industrialization with major counterparts in the Asia-Pacific region.

This book was originally published as a special issue of the Journal of Strategic Studies."

China is flexing its growing military and strategic clout in the pursuit of broadening national security interests. At the same time, the country's economic and technology policies have also become more nationalistic, state-centered, and ambitious. China's defense economy has set its sights on catching up with the West by the beginning of the 2020s and is making steady progress in building up its innovation capabilities, although this is presently in the form of incremental and sustaining types of activities. More high-end, disruptive forms of innovation that would lead to major breakthroughs are likely to be beyond China's reach in the near-to medium term. This volume provides a wide-ranging and detailed assessment of the present state of the Chinese defense economy at a time of rapid change and accelerating advancement in its innovation capabilities and performance. This collection of articles has three main goals: (1) to locate China's defense innovation dynamics within broader historical, technological and methodological frameworks of analysis; (2) to assess the performance of the Chinese defense economy's six principal subsectors; and (3) to compare China's approach to defense industrialization with major counterparts in the Asia-Pacific region. This book was originally published as a special issue of the Journal of Strategic Studies.

This book develops a model for analyzing the relationships of the defense industry with the productive infrastructure, the political constraints, and the technological capabilities of a semi-industrialized country. This model is used as the base for the analysis of the defense industries of semi-industrialized Latin-American countries that have shown a proven capacity to produce and export indigenous defense equipment: Argentina, Brazil and Chile. The defense industries of these three countries are described and analyzed in depth, with the objective of determining the reasons for their varying performance and of assessing the effects, positive or negative, on their respective national economies.

This highly specialized volume examines the Strategic Defense Initiative (SDI) for the first time, with critical emphasis on the impact SDI will have on technologically based industries. It reviews the policies and structures in the government, academia, and industry necessary to take full advantage of the commercial potential of the benefits-to-come from the SDI research program.

The 1970s and 1980s witnessed growing concern in the United States regarding the relative decline of the American economy and, for defense planners, the military's growing dependence on foreign production of weapons' parts and subcomponents--the guts of many critical weapons systems. The period also witnessed growing interest in industrial policy as a tool for promoting U.S. international competitiveness, defense sectors proving to be particularly attractive candidates for government economic intervention. This study traces the evolution of defense dependence and the U.S. government's response to this dilemma by examining policy ideas and experiments in four defense industries--machine tools, semiconductor manufacturing, ball bearings, and high-definition television technologies--explaining successes and failures, and reviewing prospects for expansion.

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.

Recent political developments imply a much larger part of our economy will be devoted to civilian enterprises and a much smaller part to military work than in the recent past. This book examines the impact on the technical community, particularly engineers, of the conversion of defense-related industries to civilian-oriented activities. Currently about one third of all engineers work on military projects, and four fifths of all federal research and development is defense-related. The essays in this volume are by academic researchers (in disciplines ranging from psychology and philosophy to economics and engineering), engineers and managers from companies that work on military projects, and representatives of some of the professional societies of engineers. They address the questions: What will be the impact on the technical community of the economic conversion? What effect will the technical community have on the conversion? What actions can one take to minimize the destructive and maximize the constructive effects of the conversion? What are the implications for engineering education, professional work, and public policy?

Among the most important issues in international security today are the nature and the global implications of China's emergence as a world-class defense technology power. Since the beginning of the twenty-first century, the Chinese defense industry has reinvented itself by emphasizing technological innovation and technology. This reinvention and its potential effects, both positive and negative, are attracting global scrutiny. Drawing insights from a range of disciplines, including history, social science, business, and strategic studies, Tai Ming Cheung and the contributors to Forging China's Military Might develop an analytical framework to evaluate the nature, dimensions, and spectrum of Chinese innovation in the military and broader defense spheres. Forging China's Military Might provides an overview of the current state of the Chinese defense industry and then focuses on subjects critical to understanding short- and long-term developments, including the relationship among defense contractors, regulators, and end-users; civil-military integration; China's defense innovation system; and China's place in the global defense economy. Case studies look in detail at the Chinese space and missile industry.

This book shows how the Dutch accumulation of great wealth was closely linked to their involvement in warfare. By charting Dutch activity across the globe, it explores Dutch participation in the international arms trade, and in wars both at home and abroad. In doing so, it ponders the issue of how capitalism has often historically thrived best when its practitioners are ruthless and ignore the human cost of their search for riches. This complicates the traditional Marxist understanding of capitalists as middle-class exploiters in arguing for a much greater agency among lower-class Dutch soldiers and sailors in their efforts to benefit from skills that were in high demand.

The world arms market has been in continuous flux since the end of the Cold War. This volume provides a policy-relevant analysis of the complex web of contemporary economic trends, political developments and strategic considerations that are shaping the contours of the new post-Cold War world market for weaponry.

Whatever happened to the post-Cold War "peace dividend"? Why does military spending continue to escape federal budget reductions? Why, despite the nearly universal desire to reduce government waste and budget deficits, is the United States still saddled with a costly, bloated military-industrial complex? The answer, says Sanford Gottlieb, is the debilitating dependence of a key sector of the American economy on defense jobs and profits. Defense Addiction is based on hundreds of interviews with defense contractors, union representatives, members of Congress, state and federal officials, lobbyists, economic development professionals, and local activists. Gottlieb explains how these groups and individuals cope with defense dependence, competition for federal funds, and budget and job cuts-painting a sobering picture of how this addiction hampers the nation's ability to deal effectively with a host of domestic and global problems. Gottlieb's engaging and jargon-free volume points to civilian public investments, reduced military spending, strengthened international peacekeeping, and other measures that could help our country kick the defense habit. His book also provides guidance to companies and communities struggling to break free in the face of inadequate government policies.

Among the most important issues in international security today are the nature and the global implications of China's emergence as a world-class defense technology power. Since the beginning of the twenty-first century, the Chinese defense industry has reinvented itself by emphasizing technological innovation and technology. This reinvention and its potential effects, both positive and negative, are attracting global scrutiny. Drawing insights from a range of disciplines, including history, social science, business, and strategic studies, Tai Ming Cheung and the contributors to Forging China's Military Might develop an analytical framework to evaluate the nature, dimensions, and spectrum of Chinese innovation in the military and broader defense spheres. Forging China's Military Might provides an overview of the current state of the Chinese defense industry and then focuses on subjects critical to understanding short- and long-term developments, including the relationship among defense contractors, regulators, and end-users; civil-military integration; China's defense innovation system; and China's place in the global defense economy. Case studies look in detail at the Chinese space and missile industry.

In 1989-90 the collapse of state socialism and the end of the Cold War brought dramatic changes for the defence industries of East-Central Europe. Initially it seemed that the resources devoted to the Cold War confrontation might become available for investment in non-military economic and social progress. However, by 1994 this optimism had given way to recognition that the transformation would involve significant costs and could not be accomplished quickly. The Defence Industry in East-Central Europe charts the development of the industries of the Visegrad countries - Czechoslovakia and its successor states, the Czech Republic and Slovakia; Poland; and Hungary. In the first part, national case studies underline the different approaches to reform adopted in the individual countries. The second part uses unique information derived from extensive interviews at enterprises in each of the four countries to examine the transformation of industry from a producer perspective.

Arms Industry Limited is an empirical account of the size and structure of the world arms industry with special case studies of the United States, the former Soviet Union, Canada, countries in both Western and Central Europe, and countries in the less developed world and in the Asia-Pacific region. The book describes the various strategies which arms producing companies have adopted in order to meet the challenges and commitments of the post-cold war world. Governments are in the process of restructuring national armed forces and revising military equipment procurement plans. Military budgets are tighter in many parts of the world, affecting national arms production and arms exports. The most common company strategies are to reduce the size of the firm and lay off employees, to mothball production facilities, to `transnationalize' firms, and to convert firms to non-military production. While there are counter-pressures to a decrease in the production and export of arms, in the future companies will probably have to reduce their production capacities and number of employees even further. The strong international pressure on governments to regulate arms exports, particularly since the 1991 Persian Gulf War, is also examined by the international group of experts who have contributed the case studies in the volume.

Wartime is costly. Whilst the human cost is a burden which remains part of our every waking thoughts for many years after the end of the conflict, the physical cost, at least in some cases, is easier to deal with. Some, if not most of the physical cost of war, is spent in the constant supply of materials including armaments and machines to the troops- wherever they happen to be fighting. Of course the Services have always needed supplies of uniforms, equipment and machines. However, the rate of expansion of the Services and the rate of consumption of armaments increases dramatically in wartime. Pre-war traditional manufacturers simply could not cope with the sudden increase in orders. The only solution was to fabricate what was needed, in the Second World War at least, in additional factories. Shadow Factories was the term used to describe the use of third party factories and equipment used to manufacture components or complete units which were then passed on to the Services. These units could be anything from tanks, parts of aircraft to small pumps or rifles. The list was almost endless. Clearly it would be impossible to walk into the nearest engineering shop and expect them to manufacture heavy components. The railway yards were used to dealing with heavy blocks of metals and so they were approached to help with heavier vehicles such as tanks. Similarly the motor manufacturers were asked to help out with producing trucks and jeeps, for example. Of course this need necessitated formal contracts, and as far as possible discretion so that the German bombers could not locate and destroy vital sources of supplies. In some cases, such was the level of secrecy that components for aircraft for example, were fabricated in a number of shadow factories and assembled in a different location. In that way the exact engineering drawings could be more easily controlled and a stray bomb would only destroy part of the plans and planes. Where relevant, examples are provided from across the United Kingdom and cover an extensive range of machines and vehicles. Some details will also be provided concerning armament shells, some of which were made in one site and filled in other facilities. The government departments were certainly kept busy keeping track of it all!

This title was selected for Guardian books of the year. The familiar image of the British in the Second World War is that of the plucky underdog taking on German might. David Edgerton's bold, compelling new history shows the conflict in a new light, with Britain as a very wealthy country, formidable in arms, ruthless in pursuit of its interests and sitting at the heart of a global production system. The British, indeed Churchillian, vision of war and modernity was challenged by repeated defeat by less well equipped enemies. Yet the end result was a vindication of this vision. Like the United States, a powerful Britain won a cheap victory, while others paid a great price. Britain's War Machine, by putting resources, machines and experts at the heart of a global rather than merely imperial story, demolishes some of the most cherished myths about wartime Britain and gives us a very different and often unsettling picture of a great power in action.

This report examines the prospects for defence industries in Central and Eastern Europe as they attempt to restructure in the wake of the dramatic changes in the security environment brought about by the end of the cold war. Chapters examine key factors affecting the process of industrial restructuring in the region: the role of military doctrine, the trend in national military expenditure, the process of internalization of the defence industry, and the role of arms exports. Contributors: Ian Anthony, Shannon Kile, Evamaria Loose-Weintraub

It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defence contractor, had revenues of $45 billion the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money. The book begins by defining the industry, explaining why the sector is important, outlining its prime contractors and key supply chains. Its cost categories (from R&D to maintenance), the role of technical innovation, and the sector's dependence on the monopsony buying power of Government, are all examined. The structure-conduct and performance model is used to show the workings of the arms market and its various entry and exit conditions, and the sector's performance is analysed through various indicators including exports, development time scales, cost overruns and profitability. The complex choice problems of domestic procurement are considered alongside sales to foreign governments and the opportunities that may present for bribery and corruption. The Military-Industrial-Political-Complex (MIPC) is unpacked and the behaviour of its major agents national defence agencies, the armed forces, producer groups, political agents (voters, political parties and budget-maximising bureaucracies) is scrutinised, both in times of conflict (expansion) and peace (contraction). The book concludes by considering future trends, such as whether arms industries are better under state or private ownership, and how they can meet the challenge of new threats in different forms. The discussion throughout is anchored to case studies from all parts of the world, including Brazil, Korea, Japan, Russia as well as UK, US and Europe. As an authoritative non-technical introduction to the economics of arms industries, it is suitable for students of business studies, politics, international relations, political economy, strategic and defence studies as well as for courses on microeconomics and industrial economics. As a masterly summation from one of the world's leading defence economists, it will also be required reading for staff in defence ministries, procurement agencies, the armed forces and strategic studies think-tanks throughout the world.

Peter Batchelor and Susan Willett analyze the response of the South African defence industry to drastic cuts in military expenditure and the demilitarization of society since the end of the Cold War and apartheid, and the stabilization of the regional security situation. The new ANC-led government is seeking to use the resources released - the "peace dividend" - to restructure and revitalize the country's industrial base and to support reconstruction, development and redistribution. A lively debate on the country's security needs and strategic doctrine is under way. As in other countries, strategies of industrial diversification and conversion have met with limited success. In the absence hitherto of any coherent government policy on defence industrial adjustment, significant skills and technologies have been lost or wasted. This book provides a historical analysis of South Africa's opportunity to develop new and innovative policies on defence and security matters, the arms industry and arms exports, and makes a valuable contribution to the international debate on the relationship between disarmament and development.

Profound changes are occurring in the structure of arms production in Western Europe. In this book, experts describe how the framework for producing arms in Western Europe is altered, and how various actors-firms, governments, unions-are adapting to the new situation. The book presents detailed analyses for all arms-producing countries in Western Europe. In addition to describing recent changes, the authors speculate on the implications of these for the balance of power in Western Europe, the relations between Western Europe and the United States, arms exports to the Third World, and problems of converting military production to civilian uses.

France ranks as the world's third largest arms exporter and supplies arms and military technology to over a hundred countries. This book exposes the compelling aims and interests--national independence, security, economic welfare, foreign influence, grandeur--that explain the nation's successes in arms production and transfers. Originally published in 1987. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

France ranks as the world's third largest arms exporter and supplies arms and military technology to over a hundred countries. This book exposes the compelling aims and interests--national independence, security, economic welfare, foreign influence, grandeur--that explain the nation's successes in arms production and transfers.

Originally published in 1987.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.