1.

Record Nr.

UNINA9910454460603321

Autore

Hasik James M. <1966->

Titolo

Arms and innovation [[electronic resource] ] : entrepreneurship and alliances in the twenty-first-century defense industry / / James Hasik

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 2008

ISBN

1-281-95710-0

9786611957100

0-226-31889-3

Descrizione fisica

1 online resource (199 p.)

Disciplina

338.4/735500973

Soggetti

Defense industries - United States

Defense industries - Technological innovations - United States

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [153]-183) and index.

Nota di contenuto

Frontmatter -- Contents -- 1. The Fast and the Many The Theoretical Background on Small Firms and Alliances in the Arms Industry -- 2. Dream Teams and Brilliant Eyes The SBIRS Low Program, Northrop Grumman's Acquisition of TRW, and the Implications for the Structure of the Military Space Industry -- 3. Unmanned, Unafraid, and Underscoped Success in Four Wars with the Predator Reconnaissance-Strike Drone -- 4. Five Bombs in One Hole, and Cheaply The Joint Direct Attack Munition and the Mass Production of Precision Destruction -- 5. Dili and the Pirates HMAS Jervis Bay and the Military Potential of Aluminum Catamarans -- 6. Mountains Miles Apart Power Scene, the Dayton Peace Talks, and the Demise of Cambridge Research Associates -- 7. Drop Your Purse Force Protection and Blast-Resistant Vehicles -- 8. The Two Towers Concluding Advice to Small Firms, Large Firms, and Governments -- Notes -- Index

Sommario/riassunto

With many of the most important new military systems of the past decade produced by small firms that won competitive government contracts, defense-industry consultant James Hasik argues in Arms and Innovation that small firms have a number of advantages relative to their bigger competitors. Such firms are marked by an entrepreneurial



spirit and fewer bureaucratic obstacles, and thus can both be more responsive to changes in the environment and more strategic in their planning. This is demonstrated, Hasik shows, by such innovation in military technologies as those that protect troops from roadside bombs in Iraq and the Predator drones that fly over active war zones and that are crucial to our new war on terror. For all their advantages, small firms also face significant challenges in access to capital and customers. To overcome such problems, they can form alliances either with each other or with larger companies. Hasik traces the trade-offs of such alliances and provides crucial insight into their promises and pitfalls. This ground-breaking study is a significant contribution to understanding both entrepreneurship and alliances, two crucial factors in business generally. It will be of interest to readers in the defense sector as well as the wider business community.

2.

Record Nr.

UNINA9910973346303321

Autore

Tamirisa Natalia

Titolo

Do Macroeconomic Effects of Capital Controls Vary by their Type? Evidence From Malaysia / / Natalia Tamirisa

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2004

ISBN

9786613777003

9781462380381

1462380387

9781452757377

1452757372

9781281155641

1281155640

9781451890310

1451890311

Edizione

[1st ed.]

Descrizione fisica

1 online resource (24 p.)

Collana

IMF Working Papers

Soggetti

Capital movements - Malaysia

Financial crises - Asia

Macroeconomics

Asset requirements

Balance of payments

Banks and Banking

Capital account

Capital adequacy requirements



Capital controls

Capital movements

Currency

Current Account Adjustment

Exports and Imports

Finance

Financial Institutions and Services: Government Policy and Regulation

Financial regulation and supervision

Financial services law & regulation

Financial services

Foreign Exchange

Foreign exchange

General Financial Markets: Government Policy and Regulation

Interest rates

Interest Rates: Determination, Term Structure, and Effects

International economics

International Investment

Long-term Capital Movements

Macroeconomic Aspects of International Trade and Finance: General

Real exchange rates

Real interest rates

Short-term Capital Movements

Malaysia Economic conditions

Malaysia Economic policy

Malaysia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Cover title.

"January 2004"--Caption.

Nota di bibliografia

Includes bibliographical references (p. 22-23).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. CAPITAL FLOWS AND THEIR REGULATION IN MALAYSIA""; ""III. WHAT DO THE QUANTITATIVE DATA TELL US?""; ""IV. AN ERROR-CORRECTION MODEL WITH CAPITAL CONTROLS""; ""APPENDIX""; ""REFERENCES""

Sommario/riassunto

This paper examines how the macroeconomic effects of capital controls vary depending on which type of international financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds, in an error-correction model, that capital controls generally have statistically insignificant effects on the exchange rate. Controls on portfolio outflows and on bank and foreign exchange operations facilitate reductions in the domestic interest rate, while controls on portfolio inflows have the opposite effect, in line with the theoretical priors. Controls on international transactions in the domestic currency and stock market operations have statistically insignificant effects on the interest rate differential.