In 2014, the Russian economy faced two major setbacks: international economic sanctions following Russia’s annexation of Crimea, and a collapse in global oil prices. At the time, crude oil alone represented more than a third …
Tag Archive for: "defence economics"
I spoke on the subject of the deterrent value of submarines at the Submarine Institute of Australia annual conference yesterday. I was preaching to the choir with that crowd, but I’m often asked at public …
Donald J. Trump is president-elect of the United States. What are the consequences for Australia? Following a 15 minute phone call with Mr Trump, Prime Minister Turnbull moved to reassure a shell-shocked public that it’s …
France has a deep and abiding relationship with nuclear technology. French policy-makers have based France’s energy and military independence around nuclear programs. However, as the French government attempts to justify its budget policies in the …
In the post-Cold War era, western navies have continued to seek the highest levels of technology and capability in an environment of declining defence budgets. This has caused a reduction in overall fleet sizes as …