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The Economics of the UK Defence Industrial Strategy
Author: Keith Hartley
Volume 3, Number 2 (June 2007), pp. 19-30.
Abstract
In 2005, in anticipation of major gaps in development and production work for British defence suppliers, the UK Government released its most comprehensive statement of policy for British defence industry to date. At issue is which defence industrial capabilities the UK wishes to retain, how to do so, and at what cost. This article analyses the new policy’s approach to competition, the weight given to non-defence issues in procurement choices, the price of UK independence, and managing BAE’s dominance of British defence industry.
About the Author
Professor Keith Hartley is Director of the Centre for Defence Economics at the University of York and advisor to Parliamentary Committees in the UK. He is the secretary general of the International Defence Economics Association and member of the Academic Advisory Council of the Institute of Economic Affairs. Professor Hartley is the editor of the journal Defence and Peace Economics, and member of the editorial boards of Public Administration; Public Procurement Law Review and Review of Policy Issues. kh2@york.ac.uk.
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