Lessons learned from conversion in Russia and Western Europe

Conversion in Russia, after several attempts between 1988 and 1995, is often compared to restructuring of the defense industry in the West and then described as a failure. However, the methods applied for downsizing defense production capacities and industry restructuring (rather than converting to...

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Bibliographic Details
Published in:Defence and peace economics 1998-01, Vol.9 (4), p.339-365
Main Authors: Gonchar, Ksenia, Wulf, Herbert
Format: Article
Language:English
Subjects:
Armaments industry
Comparison of Russian and West European experiences
Competition
Conversion
Defense industry downsizing and restructuring
Defense industry strategies
Europe
France
Germany
Industrial adjustment
Mergers
Military expenditure
Privatization
Resource allocation
Russia
Stabilization policy
Structural adjustment
Transition economies
United Kingdom
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Summary:Conversion in Russia, after several attempts between 1988 and 1995, is often compared to restructuring of the defense industry in the West and then described as a failure. However, the methods applied for downsizing defense production capacities and industry restructuring (rather than converting to non-military production) were quite similar in Russia and Western Europe. Conversion at the factory level has only been modestly successful in Western Europe when considering some adverse circumstances of the early 1990s. Conversion in Russia had hardly any chance for success when considering the dramatic decline of the economy at large. Partial re-use of resources, of persons employed or of technologies available has been accomplished more efficiently.
ISSN:1024-2694
1476-8267
DOI:10.1080/10430719808404909