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Description - Defence Procurement and Industry Policy by Stefan Markowski

In many countries, defence acquisitions comprise the largest component of all government procurement and in most, equipment acquisitions alone account for 25-30 per cent of defence budget. Yet despite the scale, complexity and importance of defence procurement, it remains a relatively under-researched area amongst economists, lawyers and social scientists, with the majority of research that has been conducted concentrating on the USA. Government procurement policies can influence the size, structure, performance and profitability of domestic defence industry, and in this sense, government defence procurement and industry polices tend to be strongly interrelated. This revealing book looks at defence procurement from the point of view of smaller, but nevertheless significant countries including Israel and Australia, and those involved in the second Gulf war, such as Poland and Spain. This topical book will be an excellent resource for postgraduate and research students in the fields of international relations, business and corporate strategy and industrial economics.

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