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Implementation of the Russian State Armaments Program 2011-2020: Economic and Financial Analysis

Author

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  • Martynenko E.V.
  • Parkhitko N.P.

Abstract

The State Armaments Programme (SAP) is a set of industrial, military, political, economic and financial measures aimed at the increase in the country’s defense capacity. The subject of economic analysis of this article is the SAP-2020 adopted in December 2010 and covers a period from 2011 to 2020 which is now at the final stage of its implementation. On studying the SAP-2020 the authors revealed such key indicators as economic viability and financial efficiency of programme implementation. A comparative analysis of budget funding of the similar US programme was conducted and statistical data supporting the main findings of the study were introduced. The authors used a wide range of methodological tools in the course of the study. The method of economic analysis, the method of structural analysis, the statistical method and the method of mathematical comparison were used.

Suggested Citation

  • Martynenko E.V. & Parkhitko N.P., 2018. "Implementation of the Russian State Armaments Program 2011-2020: Economic and Financial Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 506-517.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:506-517
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    Citations

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    Cited by:

    1. Martynenko El.V. & Pepelov S.T., 2019. "Public and Private Partnership and Business Actors in Political Processes Concerning Military Issues," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 297-308.

    More about this item

    Keywords

    State armaments program (SAP); financial policy; investment; risk; strategy; economic efficiency; military industry.;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • E39 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Other
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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