The Economics of the Global Defence Industry (Routledge Studies in Defence and Peace Economics)

"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"-- Provided by publisher Dedications Contents List of figures List of tables Notes on contributors Preface 1 The global defence industry: an overview • Keith Hartley and Jean Belin 2 The United States and its defense industries • Jomana Amara and Raymond Franck 3 China’s defence industry • Sarah Kirchberger and Johannes Mohr 4 The Russian defence industry, 1980–2025: systemic change, policies, performance and prospects • Christopher Mark Davis 5 The United Kingdom • Keith Hartley 6 The French defence industry • Jean Belin, Julien Malizard and Hélène Masson 7 Trans-European arms companies and industries • Keith Hartley 8 The Italian defence industry • Raul Caruso 9 Germany • Michael Brzoska 10 The Spanish defence industry: a long way to go • Antonio Fonfría and Carlos Martí Sempere 11 Greece • Christoforos Kalloniatis and Christos Kollias 12 Polish defence industry: learning to walk again • Stefan Markowski and Antoni Pieńkos 13 Ukraine • Denis Jacqmin 14 Switzerland • Keith Hartley 15 The Swedish defence industry: drawn between globalization and the domestic pendulum of doctrine and governance • Martin Lundmark 16 The Norwegian defence industry • Kjetil Hatlebakk Hove and Jon Olav Pedersen 17 Turkey • Selami Sezgin and Sennur Sezgin 18 The Israeli defense industry • Gil Pinchas and Asher Tishler 19 The defense industry of the Republic of Korea • Richard A. Bitzinger 20 Japan’s defence industry: from indigenisation to exploring internationalisation • Christopher W. Hughes 21 Canada’s defence industrial base • Binyam Solomon and Christopher E. Penney 22 Defense industry in Australia • Stefan Markowski, Rob Bourke and Robert Wylie 23 Brazil: reassessing Brazil’s arms industry • Diego Lopes da Silva 24 Indian defence industry: will ‘Make in India’ turn it around? • Laxman Kumar Behera 25 Singapore’s defence-industrial ecosystem • Ron Matthews and Collin Koh 26 South Africa and its defence industry • J. Paul Dunne, Guy Lamb and Eftychia Nikolaidou 27 North Korea’s defense industry • Namhoon Cho 28 Overall conclusion • Keith Hartley and Jean Belin Index In this book, authorities on the defence industries of a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases - describe and analyse the structure, conduct and performance of the defence industry in that country.