Technology offsets, a nonconventional international trade-financing tool, is used by governments (buyers) to obtain industrial and technological benefits from companies (sellers) as part of international procurement. Offsets deals involve billions of dollars and this practice exists in around 80 countries around the world. Though offsets is a popular practice in defence, it is increasingly gaining popularity in civil sectors. Offsets is often tainted by controversy and receives bad press. What then makes offsets popular? Governments claim that offsets delivers technology and knowledge transfer, skills in high technology sectors and employment, and offsets expands export opportunities through participation in OEM supply chains. For companies, offsets is mainly employed as a tool to obtain a competitive edge and win sales in international business. In the past, there have been mixed results of case studies on the impact of offsets successes and failures. Considering the mismanagement of globalisation, unfair trade agreements and current political and economic discontent, there is a stronger need for governments and companies to use vehicles such as offsets to create a relationship of trust and commitment for sustainable development. This book fills the gap in offsets and focuses on how to manage offsets more effectively by addressing issues of strategy, policy and implementation, technology management, governance and risk. Technology Offsets in International Defence Procurement is designed for those studying international procurement, international trade, international business, technology management, defence policy and industrial policy. This book will also be of interest to practitioners and policy makers in both government and industry.

This book offers the first comprehensive study of defence offsets and its economic, security, political and theoretical implications. Originating in the second half of the 19th century, defence offsets - additional economic, industrial and technological benefits to states for buying foreign weapons - have since been a key feature of the global arms trade and defence industry. And yet, offsets are an under-researched and under-theorised phenomenon. This book fills this gap in the literature by offering the first general theory of defence offsets, as well as the first systematic analysis of the offset phenomenon. By building on the insights of scholars of defence economics and drawing from the International Relations liberal paradigm, as well as reviving and adapting Robert Putnam’s two-level game framework, the book proposes a liberal-rationalist theory of defence offsets. It then proves the worth of such a theory through Qualitative Comparative Analysis (QCA) of fifty-four fighter aircraft transfers from 1992 to 2021 inclusive, and three in-depth case studies addressing offsets negotiated and agreed to as part of fighter aircraft competitions in Brazil, India, and South Korea. This book will be of interest to students of defence studies, defence economics, security studies and international relations.

After marked reductions in military spending in the 1990s military budgets around the world are on the increase. In this book, renowned authorities re-examine the economics of military expenditure, arms production and arms trade in developing nations. It includes analysis of military spending in Africa, Asia and Latin America and new forms of civil conflict as well as nine case studies (Saudi Arabia, South Africa, Mozambique, Angola, Subsaharan Africa, Greece, Turkey, Guatemala and Chile). The book will serve as a valuable contribution to the fields of both development economics and security studies.

With the US invasion of Iraq, the issue of arms trading is once again at the forefront of world events. Arms-importing countries often ask their suppliers to 'offset' the cost by reinvesting some of the money in their country.

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.

Indian Defence Review (IDR) is India's best-known defense journal. Over the year the journal has attained the "most quoted" status by defense and security analysts worldwide. The journal offers an incisive analysis of defense and politico-security affairs focused on Asia.returncharacterreturncharacterIn addition to defense and security analyses, each issue includes regular feature sections on aerospace trends, naval affairs, and army force developments, including the latest arms transfers and news.returncharacterreturncharacterIndian Defence Review, a quarterly journal, is read by almost all leading policy makers at senior bureaucratic, political and military levels. Time and again, the incisive analyses in the Indian Defence Review have helped form opinions and shape strategic responses on the subcontinent.

This volume provides a comprehensive understanding of the European Defence Agency (EDA), the leading EU armaments policy institution. Despite its critical role in European strategic and military affairs as the key hub of European policy-making in the field of armaments, the Agency has hitherto received very little attention by the academic and research community around Europe. To fill this gap in the literature, the book covers a multitude of inter-related themes and topics. Not only does it provide a detailed analysis and assessment of the Agency’s record as the first institution dealing solely with EU armaments policy, but it also links these findings to international relations and European integration theory. Thematically, the contributions go beyond the mere description of achievements, gaps and risks, elaborating on novel themes such as space, offsets, pooling and sharing, and transatlantic armaments relations. The book combines an interdisciplinary approach to the study of European defence with theoretical and ontological pluralism, and seeks to unveil the strategic, industrial, institutional and ideational sources of armaments collaboration and capability development under the aegis of the EDA. The multi-faceted orientation of the book will be of much interest to students of European security, EU institutions, defence studies, arms control and international relations in general.