Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017)

Defense Investment and Reconstructioning Industry: Vision 2023 of Turkey

Authors
Ali Duran Uzun, Irfan Kalayci, Onur Demirci
Corresponding Author
Ali Duran Uzun
Available Online September 2017.
DOI
https://doi.org/10.2991/ictim-17.2017.15How to use a DOI?
Keywords
Defense Spending, vision 2023, scale economies, critical technology, dominance doctrine
Abstract

Each country has to reserve a share optimum amount of defense investment from the budget. If a country's defense is inadequate, other investments will remain to be an inadequate level in the country. World military expenditure in 2016 totaled about $1.68 trillion, around 2.2 percent of world GDP. From 1945 to the day extraordinary advances in military technology occurred made it mandatory new investment and reconstructions in the defense industry. Highly competitive inter/national large corporations should be established in the defense industry as USA and Europe made mergers. The biggest defense spenders in 2016 were respectively USA, China, Russia, S.Arabia, India. To Turkey's 2023 vision, with rational defense investment will be an important contribution as developing the economy and the industry and the technology level. Due to the neighbor, the amount of aid given to housing and health care and employment for 3.5 million refugees who fled the civil war in Syria, is over $ 25 billion. As taking consideration with existing defense potential of Turkey, It must be taken sample that countries, obtaining social-economic utulity from defense investment.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
September 2017
ISBN
978-94-6252-405-7
ISSN
2352-5428
DOI
https://doi.org/10.2991/ictim-17.2017.15How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Ali Duran Uzun
AU  - Irfan Kalayci
AU  - Onur Demirci
PY  - 2017/09
DA  - 2017/09
TI  - Defense Investment and Reconstructioning Industry: Vision 2023 of Turkey
BT  - Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017)
PB  - Atlantis Press
SP  - 180
EP  - 201
SN  - 2352-5428
UR  - https://doi.org/10.2991/ictim-17.2017.15
DO  - https://doi.org/10.2991/ictim-17.2017.15
ID  - Uzun2017/09
ER  -