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Globalization And Its Implications For The Defense Industrial Base
Globalization And Its Implications For The Defense Industrial Base Author:Terrence R. Guay One of the most important implications of globalization is its effect on the economic competitiveness of countries and particular industries. Both governments and defense companies bear the responsibility for devising prudent policies and strategies that capture the opportunities presented by globalization, while mitigating the risks. The author... more » explores how globalization has transformed national defense industries around the world, and how these changes will affect the U.S. defense industrial base in the coming years. He focuses on the globalization of capital (finance), production, trade, technology and labor, and the changes in global governance that structure the forces of globalization. He concludes by offering ten recommendations for policymakers who have the difficult task of maximizing U.S. economic competitiveness without compromising national security.« less