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National Interests: Priorities and Security
 

Comparative analysis of military-industrial complex of Russia and foreign states

Vol. 7, Iss. 47, DECEMBER 2011

Available online: 16 December 2011

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

Batkovsky A.M. Doctor of Economics, professor of APD, head of Research Division of JSC, Central Research Institute «Electronika»
batkovsky@yandex.ru

Batkovsky M.A. Ph.D. in Economics, head of analytical department of Ltd «Vanag»
batkovsky@yandex.ru

Bulava I.V. Ph.D.in Economics, associate professor of department «Financial Management» , Financial University under the Russian Government
ibulava@mail.ru

Due to the backlog in the 90s of last century challenges in military construction and the effects of the global financial and economic crisis of 2008-2009, the task of modernization and sustainable development of enterprises of the Russian military-industrial complex (MIC) acquired national importance at the present time. In this article, based on data obtained from the open Russian and foreign information sources, a comparative analysis of national defense and military-industrial complexes (in conjunction with the study of the dynamics of global military spending at the beginning of the XXI century) is held with some of the leading countries in the world. In addition key ways to increase the export potential of the Russian military industry in the current period of national economic development are identified.

Keywords: military-industrial complex, military spending, military-technical cooperation, the export potential

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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