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Predictive Analysis Of Romanian Exports Of Weapons

Author

Listed:
  • Lucian, Ivan

    (PhD, associate professor of "Alexandru Ioan Cuza" Police Academy)

Abstract

Before the year 1989, Romania was in the top 10 global arms exporters, with an annual volume of approximately 800 million USD. Currently, the volume of arms exports is about 200 million USD, about 25% of what is exported before 1990, but this area can be recovered, given Romania's quality of NATO and EU membership. While exports are on a slightly ascending trend, the Romanian defence industry fails to provide modern military equipment on the world market, the main cause is the low technological level of the industry. However, the Romanian defence industry can recover in the light of certain objective factors, namely: the geostrategic position on the Black Sea, the status of NATO and the EU and strategic partnerships with strong states (Strategic partnership with the US). Also, the development of EU-level financial instruments aimed at modernising the European defence industry can be a strategic advantage for companies within the indigenous defence industry. A major advantage is the partnerships that will be concluded with large companies in the Euro-Atlantic area, which will allow the transfer of know-how for the local defence industry.

Suggested Citation

  • Lucian, Ivan, 2019. "Predictive Analysis Of Romanian Exports Of Weapons," Management Strategies Journal, Constantin Brancoveanu University, vol. 46(4), pages 115-124.
    • Handle: RePEc:brc:journl:v:46:y:2019:i:4:p:115-124
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    More about this item

    Keywords

    weapons; technology; research; exports; cooperation;
    All these keywords.

    JEL classification:

    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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