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Dr. Terrence R. Guay

Phone: (814) 861-1642
Email Dr. Terrence R. Guay

TERRENCE R. GUAY is a Clinical Professor of International Business in the Smeal College of Business at The Pennsylvania State University, where he teaches undergraduate and M.B.A. international business courses. He has published three books on global issues, including: At Arm’s Length: The European Union and Europe’s Defence Industry (Macmillan and St. Martin’s Presses, 1998); The United States and the European Union: The Political Economy of a Relationship (Sheffield Academic Press, 1999); and, The Business Environment of Europe: Firms, Governments, and Institutions (Cambridge University Press, 2014). Guay co-authored a fourth book, entitled European Competition Policy and Globalization (Palgrave, 2016). Additionally, he published two monographs with the Strategic Studies Institute, U.S. Army War College: The Transatlantic Defense Industrial Base: Restructuring Scenarios and their Implications (2005); and, Globalization and its Implications for the Defense Industrial Base (2007). He has published more than a dozen academic journal articles and book chapters on transatlantic relations, political economy, business-government relations, and security. He holds a B.S. from Clarkson University, an M.B.A. from The Ohio State University, and an M.A. and a Ph.D. from Syracuse University. Previously, he was a faculty member in the Maxwell School of Syracuse University and the School of International Service at The American University.

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SSI books and monographs by Dr. Terrence R. Guay

  • Emerging Powers and Future Threats: Implications for the U.S. and Global Defense Industry

    January 17, 2017

    Authored by Dr. Terrence R. Guay.
    View the Executive Summary

    This Letort Paper examines the defense industrial bases of Brazil, Russia, India, China, South Africa (BRICS), and Turkey, and the economic, political, and social factors that will influence their development in the coming years. In light of events in these countries and the structure of the global arms production and trade, four recommendations are made to maintain the national security interests of the United States.

  • Globalization and Its Implications for the Defense Industrial Base

    March 15, 2007

    Authored by Dr. Terrence R. Guay.
    One of the most important implications of globalization is its effect on the economic competitiveness of countries and particular industries. Both governments and defense companies bear the responsibility for devising prudent policies and strategies that capture the opportunities presented by globalization, while mitigating the risks.

  • The Transatlantic Defense Industrial Base: Restructuring Scenarios and Their Implications

    April 01, 2005

    Authored by Dr. Terrence R. Guay.
    The author examines the economic, political, technological, and security factors that have shaped recent developments in the U.S. and European defense industries. The author also identifies issues that will shape further industrial restructuring and consolidation in the short- and medium-term, and makes recommendations for assisting the development of a transatlantic, rather than bipolar, defense industrial base.