The Economics of Arms
Keith Hartley
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Description for The Economics of Arms
Paperback. An authoritative non-technical introduction to the economics of arms industries from one of the world's leading defence economists. Num Pages: 176 pages. BIC Classification: JPSF; KCL; KNDM. Category: (UU) Undergraduate. Dimension: 197 x 127. .
It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defence contractor, had revenues of $45 billion the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money. The book begins by defining the industry, explaining why the sector is important, outlining its prime contractors and key supply chains. Its cost categories (from R&D to maintenance), the role of technical innovation, and the sector's dependence on the ... Read more
It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defence contractor, had revenues of $45 billion the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money. The book begins by defining the industry, explaining why the sector is important, outlining its prime contractors and key supply chains. Its cost categories (from R&D to maintenance), the role of technical innovation, and the sector's dependence on the ... Read more
Product Details
Publisher
Agenda Publishing
Format
Paperback
Publication date
2017
Condition
New
Number of Pages
216
Place of Publication
Newcastle upon Tyne, United Kingdom
ISBN
9781911116240
SKU
V9781911116240
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Keith Hartley
Keith Hartley is Emeritus Professor of Economics at the University of York. He was founding Editor of the journal Defence and Peace Economics and has, over the past 30 years, been a regular consultant on defence matters to the UK Government, United Nations, European Defence Agency, and the US Department of Defense, as well as to various arms companies, including ... Read more
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