Transcription of Arms Trade Offsets and Development - Carecon …
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J Brauer and J P Dunne, arms Trade Offsets and Development page 1 arms Trade Offsets and Development Jurgen Brauer College of Business Administration; Augusta State University, Augusta, GA 30904, USA; phone +1-706-667-4544, fax +1-706-667-4064; ~sbajmb and J. Paul Dunne School of Economics; University of the West of England; Frenchay Campus, Room 3D22; Coldharbour Lane; Bristol BS16 1QY; United Kingdom; phone +44-117-344-2053; June 2005 Abstract: An increasingly important facet of the international arms Trade are so-called Offsets , arrangements that obligate the arms seller to reinvest ( offset ) arms sales proceeds in the purchasing country.
J Brauer and J P Dunne, Arms Trade Offsets and Development page 3 participation offers (the local term for offsets) on investment, job creation and growth in the local-defence related industry and the national economy.
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