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Full 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.
Contents
1. Overview 2. The United States and its Defense Policy 3. China's Defence Industry 4. The Russian Defence Industry 1980-2025: Systemic Change, Policies, Performance and Prospects 5. The United Kingdom 6. France 7. Trans-European Arms Companies and Industries 8. The Italian Defence Industry 9. Germany 10. The Spanish Defence Industry: A Long Way to Go 11. Greece 12. Polish Defence Industry: Learning to Walk Again 13. Ukraine 14. Switzerland 15. The Swedish Defence Industry - Drawn between globalization and the domestic pendulum of doctrine and governance 16. Norway 17. Turkey 18. The Israeli Defense Industry 19. The Defense Industry of the Republic of Korea 20. Japan's Defence Industry: From indigenisation to exploring internationalisation 21. Canada's Defense Industrial Base 22. Defense Industry in Australia 23. Brazil: Reassessing Brazil's Arms Industry 24. Indian Defence Industry: Will Make in India turn it around? 25. Singapore's Defence-Industrial Ecosystem 26. South Africa and its Defence Industry 27. North Korea's Defense Industry 28. Conclusion
