English, Article, Journal or magazine article edition: Le financement public du secteur de la défense, une source d'inefficacité Besancenot, Damien; Vranceanu, Radu

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Bookmark: http://trove.nla.gov.au/version/169926
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Le financement public du secteur de la défense, une source d'inefficacité
Author
  • Besancenot, Damien
  • Vranceanu, Radu
Physical Description
  • preprint
Notes
  • Continental European countries used to finance defence firms with public money. In the last few years, many governments aimed at implementing a hands-off policy towards the defence sector, which implies a gradual transition from public to private funding. This paper argues that the absence of long term relationships between defence firms and private investors may block this change.
  • Defense sector; Private funds; Defense industrial policy; Asymmetric information
  • RePEc:ebg:essewp:dr-05008
Language
  • English
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