Autarky or Interdependence? U.S. vs. European Security and Defense Industries in a Globalized Market
Submitting Campus
Daytona Beach
Department
Security Studies & International Affairs
Document Type
Article
Publication/Presentation Date
2017
Abstract/Description
Globalization theorists show how downward pressure to compete and/or
save costs in global markets will lead producers and consumers to source
goods and services in the cheapest and most efficient manner. However, in
certain sectors, such as the defense industry, security concerns and politics
can overshadow economic logic when it comes to making procurement
decisions. These political and security concerns keep the U.S. defense
industry from using the most cost-effective supply chains and
manufacturing centers, whereas in Europe, post-Cold War socioeconomic
and political realities allowed for more transnational cooperation on
defense procurement. Three cases serve to illustrate the spectrum between
autarky and interdependence in defense procurement and how
fundamental political, legal, and structural constraints prevent the U.S.
defense market from becoming fully efficient.
Publication Title
Journal of Strategic Security
DOI
https://doi.org/10.5038/1944-0472.10.2.1597
Publisher
Henley-Putnam University
Scholarly Commons Citation
Maye, Diane L. "Autarky or Interdependence: U.S. vs. European Security and Defense Industries in a Globalized Market." Journal of Strategic Security 10, no. 2 (2017) : 33-47. DOI: http://doi.org/10.5038/1944-0472.10.2.1597 Available at: https://scholarcommons.usf.edu/jss/vol10/iss2/3
Included in
Defense and Security Studies Commons, Economic Policy Commons, International Economics Commons, International Relations Commons, Other International and Area Studies Commons, Other Political Science Commons, Political Economy Commons