"This book makes an original contribution to our knowledge of the world's major defence industries. Experts from a wide range of different countries - from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South...

1. Economics and defence policy : an overview -- 2. How do economists analyse defence? -- 3. The case for defence -- 4. Defence budgets -- 5. The determinants of defence expenditure -- 6. Economics, politics and public choice analysis -- 7. Equipment procurement policy -- 8. NATO and equipment...