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The Military Industrial Complex

Author

Listed:
  • J Paul Dunne

    () (Department of Economics, British University in Egypt and UWE, Bristol)

  • Elisabeth Skons

    () (Stockholm International Peace Research Institute (SIPRI))

Abstract

This paper reviews the origin and theoretical foundation of the concept Military-Industrial Complex and explains the key issues involved in the literature on the MIC in the Cold war context. It then considers the implications for the MIC of some main post-Cold War developments, with particular emphasis on the arms industry, its structure and effects. It then assesses the degree to which the end of the Cold War may result in a fundamental change of the MIC.

Suggested Citation

  • J Paul Dunne & Elisabeth Skons, 2009. "The Military Industrial Complex," Working Papers 0907, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
  • Handle: RePEc:uwe:wpaper:0907
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    File URL: http://carecon.org.uk/DPs/0907.pdf
    File Function: First version, 2009
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    More about this item

    Keywords

    Arms Industry; MIC;

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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