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The Defense Industrial Base
The US and international defense industrial sectors have faced many challenges over the last twenty years, including cycles of growth and shrinkage in defense budgets, shifts in strategic defense priorities, and macroeconomic volatility. In the current environment, the defense sector faces a combination of these challenges and must struggle with the need to maintain critical aspects of the defense industrial base as defense priorities change and as defense budgets reduce or plateau. Moreover, the defense sector in the US is interconnected both with defense sectors in other countries and with other industry sectors in the US and global economies. As a result, strategic decisions made in one defense sector impact the defense sectors of other countries, as well as other areas of the economy. Given her academic, corporate, and Department of Defense experience as a leading economist and policy-maker, Dr. Nayantara Hensel is perfectly positioned to examine the interrelationship between these forces both historically and in the current environment, and to assess the implications for the future global defense industrial base.
Military Review
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The Economics of Defense Industry
This book on the economics of defence industry assesses a series of historical and contemporary case studies that consistently demonstrate the need for governments to recognise, and thereafter factor, the financial needs of a narrow industrial sector that is capital intensive, technologically advanced and that requires a highly skilled labour force. Since the end of the cold war, Western governments have systematically reduced financial support to their domestic defence industry and have seemingly ignored planning and funding industrial mobilisation. In all cases, government policy has been to encourage industries to consolidate capacity to become financially viable in a sector that has seen...
Global Energy Justice
This book explores how the idea of justice can give us a way to better assess and resolve energy challenges and problems.
Security Dynamics in the South China Sea
This volume examines the South China Sea’s regional security dynamics, highlighting the challenges and opportunities for both littoral and non-littoral states. The South China Sea is a vital pathway for the great container ships and tankers, as well as for the naval vessels of today. Indeed, the security of the contemporary global economy is reliant more than ever upon the dependability of freedom of navigation through the waters of the South China Sea. This volume concentrates on the security of the South China Sea sub-region. It is designed to help illuminate the contemporary security dynamics within this important sub-region by highlighting its development, the contemporary challenges a...
Security Dynamics in The Gulf and The Arabian Peninsula
This book focuses on security dynamics in the contemporary Gulf and Arabian Peninsula. It highlights the development of the Gulf and the Arabian Peninsula, the contemporary challenges and opportunities confronting the principal powers that are active in this important sub-region, and analyzes and evaluates their policy responses. The various perspectives of the chapters all suggest that the stability and security of the Gulf sub-region is now and will continue in the future to be of vital importance to the global community. The chapters that compose the volume are organized into three thematic sections. Part I, ‘Security Challenges and Power Configurations in the Gulf and the Arabian Penin...
New Security Frontiers
The globalizing world is increasingly confronting a new category of security issues related to resource availability. The resource environment contains both traditional categories, such as energy, foodstuffs, and water, as well as new technologically related resources, such as rare earth minerals. The essays in this volume emphasize both the uniqueness and the magnitude of these new challenges, while simultaneously acknowledging that cooperation and competition in response to these security concerns occur within the context of both the historical and contemporary international power configurations. Moreover, these challenges are of a global nature and will require global perspectives, global thinking, and innovative global solutions. Krishna-Hensel brings together a wide range of topics focusing on critical resource availability impacting upon global security and the geopolitical ramifications of resource competition. The volume addresses the development of strategic thinking on these issues and underscores the increasing awareness that this is a critical area of concern in the twenty-first century global landscape.
