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Second-Best Markets

On the Hidden Efficiency of Defense Offsets
Verkaufsrang1107151in
BuchPaperback
68 Seiten
Englisch
Ever since the first Bush administration issued a statement in 1990 saying that defense offsets are inefficient and market distorting, the consensus has been that offsets are bad economics. One commentator has noted that this refrain has taken on a mantra-like quality. But what if that isn't true? Drawing lessons from the literature on countertrade and the theory of the second best,...mehr
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Produktinformationen

InhaltEver since the first Bush administration issued a statement in 1990 saying that defense offsets are inefficient and market distorting, the consensus has been that offsets are bad economics. One commentator has noted that this refrain has taken on a mantra-like quality. But what if that isn't true? Drawing lessons from the literature on countertrade and the theory of the second best, this book argues that offsets may be a rational response to imperfect markets. It holds that the push for a ban should be postponed and that this question requires further study.
Details
ISBN/GTIN978-3-659-81065-7
ProduktartBuch
EinbandartPaperback
Erscheinungsjahr2016
Erscheinungsdatum15.01.2016
Seiten68 Seiten
SpracheEnglisch
MasseBreite 150 mm, Höhe 220 mm, Dicke 4 mm
Gewicht118 g
Artikel-Nr.22414135

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