Introduction. Transitional economies ; This report -- The macroeconomy -- Oil and natural gas : prices, production, and exports -- Markets and reform -- International transactions -- Russian military spending -- Conclusions and implications

This dataset presents the share of Research and Development expenditures on total Government Financial Transfers. Fisheries Research and Development expenditures are budgetary expenditures that finance research and development activities related to fisheries, irrespective of the institution...

As all safety systems in the majority of existing nuclear power plants use the preferred power supply, any voltage surges in these systems could lead to common-cause failures. In the event of an unusual electrical system transient, it is essential that safety-related equipment be isolated or...

This Element surveys the field of defense, peace, and war economics with particular emphasis on the contributions made by Austrian economists. I first review treatments of defense, peace, and war by the classical economists. I then discuss the rise of a distinct and systematic defense, peace,...

The six monarchies on the Arabian Peninsula have devoted enormous sums to defense in past decades. Nevertheless, the gap between their expensive armaments and their capacity to deter aggression and/or project military strength has narrowed but little in that time. This Element takes a political...

The United States defence economy is remarkable for a number of reasons - including sheer size. It receives a significant (albeit decreasing) share of GDP and has a significant international footprint. Its purpose is to provide the resources for national defence - against a set of complex and...

The acquisition and procurement of major weapons systems is fraught with difficulties. They tend to be delivered late, over budget and unable to meet requirements. This Element provides an economic analysis of why this happens. Market structure, demand by the military and supply by the arms...