Frequently characterized as either mercenaries in modern guise or the market's response to a security vaccuum, private military companies are commercial firms offering military services ranging from combat and military training and advice to logistical support, and which play an increasingly important role in armed conflicts, UN peace operations, and providing security in unstable states. Executive Outcomes turned around an orphaned conflict in Sierra Leone in the mid-1990s; Military Professional Resources Incorporated (MPRI) was instrumental in shifting the balance of power in the Balkans, enabling the Croatian military to defeat Serb forces and clear the way for the Dayton negotiations; in Iraq, estimates of the number of private contractors on the ground are in the tens of thousands. As they assume more responsibilities in conflict and post-conflict settings, their growing significance raises fundamental questions about their nature, their role in different regions and contexts, and their regulation. This volume examines these issues with a focus on governance, in particular the interaction between regulation and market forces. It analyzes the current legal framework and the needs and possibilities for regulation in the years ahead. The book as a whole is organized around four sets of questions, which are reflected in the four parts of the book. First, why and how is regulation of PMCs now a challenging issue? Secondly, how have problems leading to a call for regulation manifested in different regions and contexts? Third, what regulatory norms and institutions currently exist and how effective are they? And, fourth, what role has the market to play in regulation?

Sean McFate lays bare the opaque world of private military contractors, explaining the economic structure of the industry and showing in detail how firms operate on the ground. As a former paratrooper and private military contractor, McFate provides an unparalleled perspective into the nuts and bolts of the industry, as well as a sobering prognosis for the future of war.

Frequently characterised as either mercenaries in modern guise or the market's response to a security vacuum, private military companies are commercial firms offering military services ranging from combat and military training and advice to logistical support, and which play an increasingly important role in armed conflicts, UN peace operations, and providing security in unstable states.Executive Outcomes turned around an orphaned conflict in Sierra Leone in the mid-1990s; Military Professional Resources Incorporated (MPRI) was instrumental in shifting the balance of power in the Balkans, enabling the Croatian military to defeat Serb forces and clear the way for the Dayton negotiations; in Iraq, estimates of the number of private contractors on the ground are in the tens of thousands. As they assume more responsibilities in conflict and post-conflict settings, their growing significance raises fundamental questions about their nature, their role in different regions and contexts, and their regulation.From Mercenaries to Market examines these issues with a focus on governance, in particular the interaction between regulation and market forces. It analyses the current legal framework and the needs and possibilities for regulation in the years ahead. The book as a whole is organised around four sets of questions, which are reflected in the four parts of the book. Why and how is regulation of PMCs now a challenging issue? How have problems leading to a call for regulation manifested in different regions and contexts? What regulatory norms and institutions currently exist and how effective are they? What role has the market to play in regulation?

The legitimate use of force is generally presumed to be the realm of the state. However, the flourishing role of the private sector in security over the last twenty years has brought this into question. In this book Deborah Avant examines the privatization of security and its impact on the control of force. She describes the growth of private security companies, explains how the industry works, and describes its range of customers – including states, non-government organisations and commercial transnational corporations. She charts the inevitable trade-offs that the market for force imposes on the states, firms and people wishing to control it, suggests a new way to think about the control of force, and offers a model of institutional analysis that draws on both economic and sociological reasoning. The book contains case studies drawn from the US and Europe as well as Africa and the Middle East.

SOLDIERS OF $$ Privateers, contract killers, corporate warriors. Contract soldiers go by many names, but they all have one thing in common: They fight for money and plunder rather than liberty, God, or country. Now acclaimed author and war vet Michael Lee Lanning traces the compelling history of these fighting machines–from the “Sea Peoples” who fought for the pharaohs’ greater glory to today’s soldiers for hire from private military companies (PMCs) in Iraq and Afghanistan. What emerges is a fascinating account of the men who fight other people’s wars–the Greeks who built an empire for Alexander the Great, the Nubians who accompanied Hannibal across the Alps, the Irish who became the first to go global in their search for work. Soldiers of fortune have always had the power to change the course of war, and Lanning examines their pivotal roles in individual battles and in the rise and fall of empires. As the employment of contract soldiers spreads in Iraq and America’s War on Terrorism–the U.S. paid $30 billion to PMCs in 2003 alone–Mercenaries offers a valuable inside look at a system that appears embedded in our nation’s future. Includes eight pages of photographs

Mercenaries are more powerful than experts realize, a grave oversight. Those who assume they are cheap imitations of national armed forces invite disaster because for-profit warriors are a wholly different genus and species of fighter. Private military companies such as the Wagner Group are more like heavily armed multinational corporations than the Marine Corps. Their employees are recruited from different countries, and profitability is everything. Patriotism is unimportant, and sometimes a liability. Unsurprisingly, mercenaries do not fight conventionally, and traditional war strategies used against them may backfire.