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As the fourth largest military spender in the world, India has a huge defence economy supported by a budget amounting to nearly $67 billion in 2020-21. This book examines how well India's defence economy is managed, through a detailed statistical exposition of five key themes - defence planning, expenditure, arms production, procurement and offsets. This book is based on hard-core evidence collected from multiple government and other credible sources including the ministries of Defence, Finance, and Commerce and Industry, Comptroller and Auditor General of India and the Reserve Bank of India. It discusses key issues such as the evolution of India's defence plan; the feasibility of increasing defence spending; India's defence acquisition system; and the recent reform measures taken under the rubric of the Make in India' initiative. Well supplemented with original tables and figures, India's Defence Economy will be indispensable to students and researchers of defence and security studies, politics and international relations, finance, development studies, economics, strategic studies, South Asian politics, foreign policy and peace studies. It will also be of interest to defence ministry officials, senior armed forces personnel, military attachs, defence training institutes and strategic think tanks.

Defense industries --- Defense --- Economic aspects --- India --- Armed Forces --- Appropriations and expenditures.

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"Arms, Revenue, and Entitlements: U.S. Deficits in the Cold War, 1945-1991 explores how defense, tax, and entitlement policies caused the U.S. government to become deficit normative during the Cold War era, arguing that only a comprehensive program can rein in deficits in the twenty-first century"--

Budget deficits --- Finance, Public --- Fiscal policy --- World politics --- History --- History --- History --- United States --- Armed Forces --- Appropriations and expenditures.

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"This book comparatively examines the preferences of four key arms-producing states towards European joint armaments programmes. The European defence market is characterised by a mixture of inter-state competition and European cooperation, and this work assesses why countries sometimes decide to cooperate with their partners, while in other instances they refrain from doing so. In order to shed light on this empirical puzzle, the book focuses on state-defence industry relations in the four major European arms producers: France, Germany, Italy and the UK. The main argument is that the public or private governance of industrial suppliers and market size are the two decisive variables that explain the simultaneous presence of cooperation and competition in European defence procurement. Specifically, it argues that in public governance ecosystems, arms industries are able to 'capture' the state's decision-making processes to their own advantage. In private governance ecosystems, the state is relatively autonomous from defence industry's influence and able to pursue larger macro-economic and military benefits. Moreover, the strategy pursued by governments and defence firms is decisively shaped by market size because of its importance in determining the relative costs and benefits of collaborative arrangements. This book will be of much interest to students of EU policy, defence studies, European politics and International Relations"--

Defense industries --- Armaments industries --- Arms sales --- Military sales --- Military supplies industry --- Munitions --- Sale of military equipment --- Industries --- Arms transfers --- International cooperation. --- European Union countries --- Europe --- Military policy. --- Armed Forces --- Appropriations and expenditures. --- Procurement. --- Council of Europe countries --- Eastern Hemisphere --- Eurasia --- Control --- Observer/Controller-Architektur --- Mobile Arbeitsmaschine --- SimulationComplexity --- Simulation --- Komplexität --- Steuerung --- Mobile Machines --- Observer/Controller-Architecture --- International relations. Foreign policy --- Polemology