Nine papers look at the state of the international production and marketing of arms. Economic trends, political developments, and strategic considerations are discussed with special consideration given to the world's largest arms producer, the United States. Also covered are the defense industries of the United Kingdom, Western Europe, China, Argentina, Brazil, and the Arab world. Paper edition (unseen), $22.50. Distributed by ISBS. Annotation copyrighted by Book News, Inc., Portland, OR

A contemporary and comprehensive analysis of national and supranational defence governance in an uncertain and increasingly dangerous world. This book will appeal to policymakers, analysts, graduate students and academics interested in defence economics, political economy, public economics and public policy.

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.

A collection of essays on the modern arms industry, examining challenges posed by globalization, regional perspectives of arms-producing countries, and the relationship between the defense industry and the global arms trade.

Beyond the traditional two-dimensional analyses of defense economics and defense politics lies a rapidly growing field of research: the political economy of defense. As the study of the interface between economics, politics, and defense proliferates, this collective volume sets out to identify the nature of political economy of defense inquiry, surpassing a narrower focus on the economic consequences of military spending. The starting point for this collaborative effort was a series of panel discussions, organized by Andrew L. Ross, in which most of the contributors to this volume participated. The majority of chapters were written expressly for this book and have not been previously published. These analytical and empirical investigations are intended to illustrate the broad, encompassing scope of political economy of defense research and contribute to the development of a research agenda. Andrew L. Ross has brought together a timely and significant array of inquiry into the impact of defense spending on world politics and global economics. This book will be of great interest to political scientists, defense specialists, and economists studying the military-industrial complex.

Defence procurement remains a relatively under-researched area, mostly focusing on the USA. This revealing book looks at defence procurement from the point of view of smaller countries such as Israel, Australia, Poland and Spain.

Subjects the myths, emotion, and special pleading which dominate the national and NATO defense debates to the scrutiny of economic analysis, critical appraisal, and empirical testing, and shows the range of choices facing any government, with examples taken from the UK and elsewhere. Annotation copyrighted by Book News, Inc., Portland, OR