Main Features of the Offsets in Defense Trade

Proceedings of SOCIOINT 2017- 4th International Conference on Education, Social Sciences and Humanities, 10-12 July 2017- Dubai, UAE; ISBN: 978-605-82433-1-6

6 Pages Posted: 2 Aug 2017

See all articles by Venelin Terziev

Venelin Terziev

University of Ruse; Georgi Rakovski Military Academy, Sofia, Bulgaria

Nikolay Nichev

Vasil Levski National Military University

Multiple version iconThere are 2 versions of this paper

Date Written: July 10, 2017

Abstract

The collaboration in the sphere of production and deliveries of defense products undergo changes under the influence of the development of the international economic relations, thus exercising influence not only on the acquisition of defense products, but also on the functioning of the participating economic operators. By means of a better collaboration and coordination of the planning in the sphere of defense the states will be able to develop their military abilities using a more effective way, regarding the expenses, and without negative consequences for their sovereignty. The paper presents the main features and the opportunities of the offset transactions, their advantages and disadvantages in the global market for defense products. The study outlines the place of the offset transactions for the acquisition of weapon and equipment.

Keywords: offset transactions, market of defense products

JEL Classification: H19; H49

Suggested Citation

Terziev, Venelin and Nichev, Nikolay, Main Features of the Offsets in Defense Trade (July 10, 2017). Proceedings of SOCIOINT 2017- 4th International Conference on Education, Social Sciences and Humanities, 10-12 July 2017- Dubai, UAE; ISBN: 978-605-82433-1-6 , Available at SSRN: https://ssrn.com/abstract=3010962

Venelin Terziev (Contact Author)

University of Ruse ( email )

8 Studentska Street
Ruse, 7017
Bulgaria

Georgi Rakovski Military Academy, Sofia, Bulgaria ( email )

Sofia, 1000
Bulgaria

Nikolay Nichev

Vasil Levski National Military University ( email )

Veliko Tarnovo
Bulgaria

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