Nordic offset policies: Experiences and expectations
Abstract

Bjorn Hagelin
SIPRI

Although the post-cold war trend of declining arms production has come to a halt, many defence companies, supported by the respective governments, continue since the 1970s to seek ways to survive the effects of cuts in military spending and reduced domestic demand for indigenously developed military equipment. Foreign supplies (imports) and participation in international cooperation for the development and manufacture of military equipment have increased in importance for most arms producers as complements to indigenous development and production of major military equipment. As a result acquisition policies of many small and medium sized arms producing countries in particular have become influenced by and dependent upon export policies of arms exporters. However, as a result of increasing competition among suppliers because of a reduced global arms market, declining military R&D plus military industrial rationalisations, buyers have been able to influence the conditions under which major weapons are acquired. Most buyers demand compensations (offsets) in full for the direct cost of acquiring major military equipment. Suppliers have come to accept such demands in order to compete for new orders, while at the same time criticizing such compensations as a market distortion mechanism that is adding to their costs. Offsets as a business activity has been defined as 'a variety of industrial, commercial and political arrangements under which foreign suppliers implement specific actions aimed at partially or fully compensating the buyer's procurement costs'. This paper attempts to explain the origin and compare the contents of offset policies in the four Nordic countries Denmark, Finland, Norway and Sweden. By policies are meant formal government and/ or agency guidelines that explain the reasons and conditions for demanding offsets in connection with military acquisitions. All of the Nordic countries have experiences as an arms importer-in the case of Finland from both the Soviet Union and western countries-but also as arms exporters (although that experience varies greatly) and as partners in international arms cooperation. This paper describes the policies, if any, in these three roles.