The Defense Industry Failed to Underpin the National Economy
Russian Economic Developments. Moscow, 2016, No. 5, pp. 51-55
5 Pages Posted: 19 May 2016
Date Written: May 19, 2016
Abstract
The defense industry’s 2015 preliminary performance results have been published. Early fulfillment of the state armament program’s intermediate target index shows that military expenditures are of an excessive nature. Agencies’ reporting data are controversial and need be specified. Russia’s leaders declared about the need of diversification and conversion of the defense industry.
Keywords: Russian economy, military industrial complex
JEL Classification: L3; K1; K2; K3; P16; Y80
Suggested Citation: Suggested Citation
Zatsepin, Vasily, The Defense Industry Failed to Underpin the National Economy (May 19, 2016). Russian Economic Developments. Moscow, 2016, No. 5, pp. 51-55, Available at SSRN: https://ssrn.com/abstract=2781862 or http://dx.doi.org/10.2139/ssrn.2781862
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