| Titre : | The Economics of Defense Industry : Contemporary Prospects and Challenges |
| Auteurs : | Young, Thomas-Durell, Auteur |
| Type de document : | Books |
| Editeur : | Routledge, 2023 |
| Article en page(s) : | X, 232 p. |
| ISBN/ISSN/EAN : | 978-1-03-251065-1 |
| Langues: | Anglais |
| Index. décimale : | 338.473 55 |
| Catégories : |
6.45 Génie civil, militaire et minier > Industrie militaire 7.20 Europe > Europe > Défense militaire > Aspect économique |
| Tags : | Defense industries--Economic aspects ; Military art and science--Economic aspects |
| Résumé : |
This book on the economics of defence industry assesses a series of historical and contemporary case studies that consistently demonstrate the need for governments to recognise, and thereafter factor, the financial needs of a narrow industrial sector that is capital intensive, technologically advanced and that requires a highly skilled labour force.
Since the end of the cold war, Western governments have systematically reduced financial support to their domestic defence industry and have seemingly ignored planning and funding industrial mobilisation. In all cases, government policy has been to encourage industries to consolidate capacity to become financially viable in a sector that has seen diminished demand. The 2022 Russian invasion of Ukraine has caused Western governments to reassess their previous assumptions. Efforts to increase industrial capacity have been met with the iron laws of economics whereby businesses need to show return on investments. The chapters in this volume posit that efforts to rationalise industrial capacity and innovation to meet short-term financial efficiencies, inevitably results in limited, expensive, and long delays in increased production in times of international crisis. |
Exemplaires (1)
| Code-barres | Cote | Support | Localisation | Section | Disponibilité |
|---|---|---|---|---|---|
| 316642 | 338.473 55 YOU T | Book | Royal Military Academy | Bibliothèque ERM | Sorti jusqu'au 30/06/2025 |
