Analysis of Key Markets for Russian Weapons and Military Hardware in the BRICS Countries
Abstract
Nowadays economic and political development of BRICS is of high importance. The BRICS countries are getting more and more involved in cooperation with each other in all sectors including the military industry. The article analyses the current state of military-technological cooperation between Russia and its BRICS partners. The authors have studied major macroeconomic factors, examined the key financial mechanisms and schemes used today by various economies, and determined the military industry’s sectors with the greatest potential for each BRICS country. In the paper, the strengths and weaknesses of military-technical cooperation between Russia and other BRICS member states are assessed through a SWOT analysis. The medium-term prospects for this partnership are identified. The authors have concluded that the cooperation between Russia and BRICS in the military and technological sphere is promising, and even closer partnership is expected in the future.References
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[2] Arbatov, Alexei, and Sergei Oznobishchev. 2014. Russia: arms control, disarmament and international security. IMEMO supplement to the Russian edition of the SIPRI Yearbook 2013. Moscow: IMEMO RAN. Accessed March 15, 2016. http://www.imemo.ru/files/File/en/publ/2014/SIPRI%20SUP%202.0.pdf
[3] Behera, Jaganath. 2014. Inflation and Long Run Growth in BRICS, Threshold Inflation in India. LAP LAMBERT Academic Publishing.
[4] Breitbart. 2014. ‘Moscow considers joint weapons development with BRICS countries.” Aug 21. Accessed May 18, 2015. http://www.breitbart.com/national-security/2014/08/21/moscow-eyes-joint-weapon-development-with-brics-countries/
[5] BRICS Post. ‘India, China keen to buy new Russian weapons: Putin aide.” Accessed December 12, 2015. http://thebricspost.com/india-china-keen-to-buy-new-russian-weapons-putin-aide/#.V49FACrtlHw
[6] BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities. 2012. Oxford University Press.
[7] BRICS site. ‘Indian weapons of Russian origin you barely knew existed.” Accessed June 20, 2016. http://infobrics.org/blog/news/2016/07/12/16818/
[8] BRICS site. ‘Weapons of destruction: Russia remains India’s prime vendor.” http://infobrics.org/blog/news/2016/02/10/10089/
[9] BRICS-Info. ‘India, world’s top arms importer, reworks policy to make weapons at home.” Accessed April 12, 2015. http://www.brics-info.org/india-worlds-top-arms-importer-reworks-policy-to-make-weapons-at-home/
[10] Centre for Analysis of Strategies and Technologies (CAST). ‘Key current contracts for Russian arms exports.” Accessed June 11, 2016. http://cast.ru/eng/figures/
[11] Centre for Analysis of Strategies and Technologies (CAST). ‘Russian exports of arms and military equipment.” Accessed June 11, 2016. http://cast.ru/eng/figures/
[12] Centre for Analysis of Strategies and Technologies (CAST). ‘Russian military spending and defense procurement.” Accessed June 11, 2016. http://cast.ru/eng/figures/
[13] Centre for WTO Studies. ‘Trade Policies, Institutions and Areas for Deepening Cooperation.” Accessed June 14, 2016. http://wtocentre.iift.ac.in/
[14] Chandramohan, Balaji. 2014. ‘India’s Defense Budget, Strategic Orientation and Military Modernization.” Independent strategic analysis of Australia’s Global Interest. August 15. http://www.futuredirections.org.au/publications/associate-papers/1871-india-s-defence-budget-strategic-orientation-and-military-modernisation.html
[15] Chatin, Mathilde. 2013. ‘Brazil: a new powerhouse without military strength?” BRICS Policy Center – Working Paper, June. Accessed February 27, 2015 http://bricspolicycenter.org/homolog/ arquivos/WPMCBPC.pdf
[16] Egorova, Karina. 2011. ‘Peculiarities of building innovation strategy by industrial companies on Russian market.” Paper presented at the Xth International scientific conference for students and young scientists, Moscow, Russia, March 17–18.
[17] Gane, Marricke Kofi. 2014. Essential grants management documents: Sustainable development, gender sensitivity, international development, key performance indicators. MarrickeGane Publishing.
[18] Giles, Keir. 2014. Russia Reports: Russian Interests in Sub-Saharan Africa – Putin, Lavrov, BRICS, Trade, Arms Trade, Energy, Prospects for U.S.-Russian Security Cooperation. Progressive Management.
[19] Gordon, Arthur. 2014. ‘Artillery Systems 'Boom' in Asia.” The international Relations and Security Network. March 31. http://www.isn.ethz.ch/Digital-Library/Articles/Detail/?id=178107
[20] Herz, Monica, and Joao Pontes Nogueira. 2015. The BRICS in a Changing International System: Emerging Structures of Global Governance (Global Institutions). N.Y.: Routledge.
[21] Hong, Paul, and YoungWon Park. 2014. Building Network Capabilities in Turbulent Competitive Environments: Business Success Stories from the BRICs (Resource Management). CRC Press.
[22] Jaccob, Dina. 2013. Emerging Economies and Transformation of International Relations: Evidence from the BRICS Members. LAP LAMBERT Academic Publishing.
[23] Kanwal, Gurmeet. 2012. ‘India’s Military Modernization: Plans and Strategic Underpinnings.” The National Bureau of Asian Research. September 24. http://www.nbr.org/research/activity.aspx?id=275
[24] Kedia, Ben, and Kelly Aceto. 2015. Emerging Markets and the Future of the BRIC Nations (New Horizons in International Business). Edward Elgar Pub.
[25] Khilnani, Sunil, Rajiv Kumar, Pratap B. Mehta, Prakash Menon, Nandan Nilekani, Srinath Raghavan, Shyam Saran, and Siddharth Varadarajan. 2012. Nonalignment 2.0: A foreign and strategic policy for India in the twenty first century. Accessed October 12, 2015. http://ris.org.in/images/RIS_images /pdf/NonAlignment.pdf.
[26] Klein, Margarete. 2016. ‘Russia’s Military: On the Rise?” Transatlantic Academy Paper Series. March, 1. Accessed June 10, 2016. http://www.transatlanticacademy.org/publications/russia%E2%80%99s-military-rise-0
[27] Kuzmin, Evgeny. 2012. ‘Apart problems of economic security in the free trade: a look at the interaction of Russia and WTO.” Bulletin of the South-Russian State Technical University (Novocherkassk Polytechnic Institute). Series: Socio-economic sciences 6:126-141.
[28] Kwakye, Samuel Twum. 2014. The BRICS States and the Responsibility to Protect Norm: Dynamics of State Power and Self-Interest. LAP LAMBERT Academic Publishing.
[29] LaRouche, Lyndon H., Jr. 2015. ‘Rebuilding the World in the BRICS Era.” Executive Intelligence Review 42(25).
[30] Lowe, Peter. 2014. The rise of the BRICS in the global economy: Brazil, Russia, India, China, South Africa: BRICS with a difference. Peter Lowe; 2nd edition.
[31] Naude, Wim, Adam Szirmai, and Nobuya Haraguchi. 2015. Structural Change and Industrial Development in the BRICS. Oxford University Press.
[32] Nikolaev, Yury. 2013. ‘Latin America is armed.” InoSMI, July 29. Accessed April 28, 2015. http://inosmi.ru/world/20130729/211394022.html.
[33] Niu, Haibin. 2015. ‘Is There a Role for the BRICS in Asian Affairs?” International Organizations Research Journal 10(2):146–152.
[34] Pandit, Rajat. 2014. ‘India ninth biggest military buyer in world.” The Times of India. April 15. http://timesofindia.indiatimes.com/india/India-ninth-biggest-military-buyer-in-world/articleshow/33757926.cms
[35] Piper, Laurence. 2015. The BRICS phenomenon: from regional economic leaders to global political players. BICAS Working Paper 3. April 2015. Accessed March 15, 2016. http://www.iss.nl/fileadmin/ ASSETS/iss/Research_and_projects/Research_networks/BICAS/BICAS_WP_3-Piper.pdf
[36] Raghuvanshi, Vivek. 2014. ‘Russia, India Link Up in Rocket Launcher Ammo Deal.” Defense News. Accessed October 12, 2015. http://www.defensenews.com/article/20120828/DEFREG03/308280008/Russia-India-Link-Up-Rocket-Launcher-Ammo-Deal
[37] Robles, Fernando, Nila Wiese, and Gladys Torres-Baumgarten. 2014. Business in Emerging Latin America. N.Y.: Routledge.
[38] Russian Clients and Global Foreign Policy Strategy: Evidence from Foreign Military Sales. 2015. Report for the Strategic Multilayer Assessment, U.S. Department of Defense. Accessed May 11, 2016. https://www.start.umd.edu/publication/russian-clients-and-global-foreign-policy-strategy-evidence-foreign-military-sales
[39] Schopfel, Joachim. 2015. Learning from the BRICS: Open Access to Scientific Information in Emerging Countries. Litwin Books.
[40] SIPRI. ‘Financial value of the global arms trade.” Accessed March 13, 2016. https://www.sipri.org/databases/financial-value-global-arms-trade
[41] Stratfor. 2012. Emerging Economies: The Geopolitics of the BRICS Nations. CreateSpace Independent Publishing Platform.
[42] Stuenkel, Oliver. 2015. The BRICS and the Future of Global Order. Lexington Books.
[43] Toloraya, Georgy. 2015. ‘Why Does Russia Need BRICS?” Russia in Global Affairs, 1. http://eng.globalaffairs.ru/number/Why-Does-Russia-Need-BRICS-17373
[44] Xin, Fu Dan Da Xue Jin Zhuan Guo Jia Yan Jiu Zhong. 2015. BRIC global development partnership (Chinese Edition). Shanghai People's Publishing House.
[45] Yevtodyeva, Marianna. 2014. Russia’s military-technical cooperation with the BRICS countries: Key aspects. IMEMO supplement to the Russian edition of the SIPRI Yearbook 2013. Moscow: IMEMO RAN. Accessed March 15, 2016. http://www.imemo.ru/files/File/en/publ/2014/SIPRI%20SUP%202.0.pdf
[46] Zobov, Aleksander, and Karina Sayapina. 2012. ‘Cross-cultural factor in managing global competitiveness.” Marketing 6(127):3–12.
[47] Zobov, Aleksander, Denis Degterev, and Ekaterina Degtereva. 2010. ‘Modern cluster-network model of innovative development (the case of EU scientific and educational centers in nanotechnology).” Bulletin of State University of Management 18:24–34.
Published
2017-02-11
How to Cite
DEGTEREVA, Ekaterina A.; MOSEIKIN, Yuri N.; CHERNOVA, Veronika Y..
Analysis of Key Markets for Russian Weapons and Military Hardware in the BRICS Countries.
Journal of Advanced Research in Law and Economics, [S.l.], v. 7, n. 6, p. 1362-1373, feb. 2017.
ISSN 2068-696X.
Available at: <https://journals.aserspublishing.eu/jarle/article/view/618>. Date accessed: 14 nov. 2024.
Section
Articles
Keywords
BRICS Alliance; defense; cooperation; armaments; Weapons Technology
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