In recent years government economic policy in the UK and elsewhere has been guided by the belief that changing organisational status improves performance (Ott and Hartley, 1991; Vickers and Yarrow, 1988). This is most evident in the case of the UK privatisation programme, where it is believed that...

This study examines the economic costs and benefits to the UK of a 50 per cent cut in UK defence exports from the average level of 1998 and 1999. The net impact on the government budget is estimated to be an ongoing loss of between around £40 million and £100 million a year: around 0.2-0.4 per...