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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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The Economics of the Global Defence Industry (Paperback)
Loot Price: R1,303
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The Economics of the Global Defence Industry (Paperback)
Series: Routledge Studies in Defence and Peace Economics
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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.
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