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British Defence Economic Thought in the New Europe : 1990-1997
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This article is the following one in the series presenting the output of contemporary British defence economics. Basic defence economic problems that the economists faced as a result of radical political transformations taking place after 1989 have been presented in this article. The Conservative government tendency to liberalise the defence industry and weapon trade and also the need to possess a highly mobile, multi-purpose armed forces, well equipped and with a high level of readiness to react in various crisis situations caused changes in defence economic policy. The problems of this policy transformations and the ways of shaping it was undertaken by such recognised authorities as David Greenwood, Ron Smith, John Lovering and Keith Hartley. British scientists’ attention was focused on activities to rationalise the defence budget use, to shape government’s industrial defence policy which would ensure effective functioning of the defence industry and promotion of armament export, to compensate defence purchases in the economic co-operation framework.
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151--166
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