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Author:Hartley, K.
Title:Defence markets
Journal:Economic Affairs
1997 : DEC, VOL. 17:4, p. 22-27
Index terms:ECONOMICS
DEFENCE
MARKETS
Language:eng
Abstract:Although defence is a classic example of a public good, there are extensive opportunities for applying market solutions to the armed forces and defence industries. There are possibilities for beneficial inter-service rivalry and for creating profit centres within the armed forces; substitution is possible between parts of the armed forces; and competition can be used for purchasing weapons and for market-testing activities traditionally undertaken "in-house" by the armed forces.
SCIMA record nr: 171601
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