Participants in the Kuwait International Conference for Reconstruction of Iraq (February 12-14, 2018) pledged approximately $30 billion out of the $88 billion the government of Iraq (GoI) hoped to secure.1 Nonetheless, the conference reflected a conceptual shift by both the GoI and international actors. Namely, the private sector is expected to play a major role […]
Offsets on the Rise in Emerging Markets
One of the challenges for developing countries is how to balance spending necessary for national security with investing in the development of one’s national economy. Most developing countries do not yet have the capability to manufacture their own military equipment and technology. Thus, they must rely on foreign military sales. Because of the high cost […]