Abstract
The future is by definition unknown and unknowable, never more so than when attempting to make predictions concerning a free economy operating within a political marketplace. When that marketplace is itself undergoing fundamental change, as is the case with the integration of European economies into the Single European Market, the past becomes a poor guide to the future. This chapter aims to identify the influences which will shape the future of the UK defence industry, to assess the relative importance of each and then suggest the implications of this tentative balance of probabilities for defence companies.
The author acknowledges the contribution of colleagues at the Centre for Defence Economics to the development of the ideas presented in this paper. The research on which this paper is based was funded in part by the ESRC under research grant R00023 2464. Responsibility for any errors remains solely with the author.
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Endnotes
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Hooper, N. (1995). The Future of the Defence Firm in the United Kingdom: The Impact of the Changing Politico-Commercial Environment. In: Latham, A., Hooper, N. (eds) The Future of the Defence Firm: New Challenges, New Directions. NATO ASI Series, vol 79. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-8512-5_5
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DOI: https://doi.org/10.1007/978-94-015-8512-5_5
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