The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 89-900
Full Name: Vladan Holcner
Position: Assistant Professor
Age: ON
Sex: Male
Address: Kounicova 65, 662 10 Brno
Country: CZECH REPUBLIC
Tel: +420724692590
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E-mail address: vladan.holcner@unob.cz
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Title of the Paper: determinants of offset policy success in foreign arms contracts
Authors as they appear in the Paper: Vladan Holcner
Email addresses of all the authors: vladan.holcner@unob.cz
Number of paper pages: 10
Abstract: Some countries, e.g. the Czech Republic, apply rigid offset requirements mandatory for all foreign arms contracts exceeding set threshold value, usually as a percentage of the price of underlying contracts. This rigid policy contradicts the fact that success of offset programs – regardless of the primary intent of the government demanding offsets – depends on many factors that are often specific for each individual contract or arms market segment and are subject to dynamic changes over time. This paper attempts to focus on key determinants of offset program success and classifies them as general, defense industry related and economic performance related. While factors of short-term benefits induced by offsets are relatively clear, the long term factors require valuation of each offset transaction considering current value of future costs and revenues
Keywords: Offset, Arms Contract, Defense Industrial Base, Economic Performance, Market Structure, Life Cycle
EXTENSION of the file: .doc
Special (Invited) Session: rigid offset policy in foreign arms contracts
Organizer of the Session: 633-144
How Did you learn about congress: pavel.foltin@unob.cz
IP ADDRESS: 77.240.191.215
