Defence Expenditure, Industrial Conversion, and Local Employment


Book Description

As the risk of conflict between the major military alliances diminishes, the prospects for disarmament improve. This book asks whether the defence industry can develop new products to maintain their workforce and looks at the socio-economic cost of diverting funds to civilian production.




Exploding the Myth?


Book Description

From a cold war peak of some $1000 billion per annum, world military expenditure has declined by about 40% since 1990, reaching its lowest level for thirty years. With such significant decline in global public expenditure committments to the defence sector, a substantial and lasting peace dividend was anticipated. Most governments believed that market forces, left more or less to their own devices, would deal effectively with this major exogenous shock and generate sufficient new economic activity to allow increased public expenditure on health, education and welfare. The approach of this book is to challenge the fundamental but flawed belief that a substantial and lasting peace dividend could be secured through market solution alone. The principal assertion is that market adjustment by itself cannot deliver such a dividend.The book focuses on the major aspects of the economic, business and security consequences of post Cold War defence expenditure reduction. Key problems obstructing optimal market response are identified and possible remedial action by government and others is considered.




Defence Industrial Cooperation in the European Union


Book Description

This book provides an empirical understanding of how EU-level defence industrial cooperation functions in practice. Using the Liberal Intergovernmental theoretical model, the book argues that while national economic preferences are an essential factor of government interests they only explain part of the dynamic that leads to the development of defence industrial policy at EU level. Moving beyond a simple adumbration of economic preferences, it shows how the EU’s institutional framework and corpus of law are used by governments to reaffirm their position as the ultimate arbiter and promoter of national economic preferences in the defence industrial sector. To this end, the work asks why and how EU member state governments, European defence firms, and EU institutions developed EU-level defence industrial policy between 2003 and 2009. The book also analyses significant policy developments, including the establishment of a European Defence Agency and two EU Directives on equipment transfers and defence procurement. This book will be of much interest to students of EU policy, defence studies, security studies and International Relations in general.




Development of the Redundant Defence Estate


Book Description

This report is the result of an extensive study that was undertaken to review the existing policy context of Ministry of Defence (MOD) disposals in England, and to advise Government on how it should seek to obtain value for money whilst having regard to the wider interest of Government. The research process involved five main areas of work - a literature search, a review of all relevant policy guidance, interviews and written consultations, seminars for property professionals and nine detailed case studies.




The Politics and Economics of Defence Industries


Book Description

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.




Global Insecurity


Book Description

Introduces the reader to works in the Wallace Collection through the voice of its Director.




Defense Spending And Economic Growth


Book Description

This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.







Disarmament and Defence Industrial Adjustment in South Africa


Book Description

Peter Batchelor and Susan Willett analyse 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 unique 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.




Industrial Development Through Small-firm Cooperation


Book Description

Based upon the experiences of a diverse set of countries - including Denmark, Egypt, Germany, Ghana, Indonesia, Italy, Japan and the United States - this analysis describes the elements of a model small-firm network, and sets out the conditions, institutions and policies conducive to a successful strategy of upgrading industrial sectors. It is a valuable source of ideas and experience on this innovative approach to industrial development.