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Domestic Production as an Alternative to Importing Arms

In: Arming the South

Author

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  • Fotis Mouzakis

Abstract

For the majority of countries around the world, the provision of arms for the needs of national defense is established as an inflexible and significant component of their national budgets. The amount of information that the public is provided, however, in support of the related policy decisions is minimal, and so is the related political debate. Unless, therefore, the patriotism of the decision-makers is seen as an adequate guarantee for the optimality and correctness of defense policies, transparency and open monitoring could well reveal the contrary in many cases. Economic analysis of defense policies appears to be rather neglected, leaving implementation mainly to practical judgement, instead of resting it on a systematic foundation of facts. In an attempt to improve the availability of analytical tools that can be used in a systematic way this, chapter sets up a neoclassical model of national defense, focusing on countries’ decisions to establish an aims industry.

Suggested Citation

  • Fotis Mouzakis, 2002. "Domestic Production as an Alternative to Importing Arms," Palgrave Macmillan Books, in: Jurgen Brauer & J. Paul Dunne (ed.), Arming the South, chapter 6, pages 129-159, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50125-6_7
    DOI: 10.1057/9780230501256_7
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    Cited by:

    1. David Kinsella, 2011. "The Arms Trade," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 12, Edward Elgar Publishing.

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