The Economics of Offsets

Defence Procurement and Coutertrade

By:

Stephen Martin

Format:

Hardback

Series:

Routledge Studies in Defence and Peace Economics

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Description

Offsets, or work-sharing arrangements, are frequently requested by governments when buying foreign defence equipment. Under an offset the vendor agrees to place work to a set value with firms in the buying country. Although popular, some claim that offsets create jobs and enhance the defence industrial base. Others argue that offset work would have been won without the offset or that it is low technology work which ceases once the vendor has fulfilled its offset obligation. Somewhat contradictorily, defence exporters with large offset obligation are often criticized for transfering work and technology to potential foreign competitors.

Author Biography:

Stephen Martin The Centre for Defence Economics University of York, UK

Release date Australia

February 9th, 1996

Author

Stephen Martin

Audience

Tertiary Education (US: College)

Pages

430

Series

Routledge Studies in Defence and Peace Economics

Dimensions

156x234x23

ISBN-13

9783718657827

Product ID

2837473

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