Item description for Economics of Offsets: Defence Procurement and Countertrade (Studies in Defence Economics, Vol 4) by Stephen Martin...
Despite their growth, outlined and analysed in this book, the claims and counter-claims that surround offsets have not been subjected to critical scrutiny by economists. This book fills that gap. It brings together a team of internationally renowned specialists to document and evaluate the economic impact of several countries' offset policies. In addition, the papers by industrialists and defence officials yield further insights which help to tease out which of the claims made for offsets do not stand critical scrutiny. 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, controversy surrounds their impact. 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 ful
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Est. Packaging Dimensions: Length: 1.25" Width: 6.5" Height: 9.5" Weight: 2 lbs.
Release Date Apr 1, 1996
ISBN 3718657821 ISBN13 9783718657827