State Regulation of Prices for Defense Products

State Regulation of Prices for Defense Products

A comparative analysis of price behavior, 2001-2005, reveals that prices for defense products in Russia have increased an average of 50% more than prices in the general economy. This is an urgent problem in that it has substantially slowed progress toward implementing the Russian Federation State Ar...

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Veröffentlicht in:Voennaia myslʹ 2008-01, Vol.17 (1), p.81-87
Hauptverfasser: Arkhipov, N F, Bakhanovich, D N, Lavrinov, G A
Format: Artikel
Sprache:eng
Schlagworte:
Defense Policy
Prices
Regulation
Russia
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Zusammenfassung:A comparative analysis of price behavior, 2001-2005, reveals that prices for defense products in Russia have increased an average of 50% more than prices in the general economy. This is an urgent problem in that it has substantially slowed progress toward implementing the Russian Federation State Arms Program for 2001-2010. The analysis also show that prices for defense products have increase disproportionately for several reasons, a major one being the absence of a well-developed competitive market for military purchases. Price bidding & anti-monopoly measures are urged, along with state regulation of prices for military goods. Suggestions are made for implementing these measures. S. Stanton
ISSN:0236-2058