Military Cuts and Conversion in the Defense Industry

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Abstract
The partial reorientation of the Soviet defense industry toward civilian production is examined by a prominent Western specialist in the context of the overall reduction in military spending. Provisions of the current program for conversion in the defense complex are analyzed with due consideration of anticipated effects on the economy at large. The author discusses the expected mix between civilian and military production within the defense industry, and notes the range and number of enterprises affected. Also outlined are the implications of the conversion program for military R&D and for the size and compensation of the workforce in the defense complex, journal of Economic Literature, Classification Numbers: P20, H56.

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