Recent empirical evidence on the expansion of local economic development initiatives in developed countries suggests that macroeconomic adjustment policies need to be accompanied by other specific policies at the micro-and macroeconomic levels. It is undoubtedly important to strengthen institutional networks and regional cooperation and complementarity arrangements and to incorporate environmental sustainability into the management of…
The defense industry is a strategic sector because a country’s defense capability depends to some extent on the products and services it provides. However, it also has an economic and technological side. Basic Market Conditions The defense industry is characterized by its innovativeness. The products (and services) offered by companies often represent significant improvements over…
