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This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Published each year since 1959, The Military Balance is an indispensable reference to the capabilities of armed forces across the globe. It is used by academia, the media, armed forces, the private sector and government. It is an open-source assessment of the military forces and equipment inventories of 171 countries, with accompanying defence economics and procurement data. Alongside detailed country data, The Military Balance assesses important defence issues, by region, as well as key global trends, such as in defence technology and equipment modernisation. This analysis is accompanied by full-colour graphics, including maps and illustrations. With extensive explanatory notes and reference information, The Military Balance is as straightforward to use as it is extensive. The 2022 edition is accompanied by a fullcolour wall chart illustrating security dynamics in the Arctic.
The tactical organization and protection of resources is a vital component for any governmental entity. Effectively managing national security through various networks ensures the highest level of protection and defense for citizens and classified information. National Security: Breakthroughs in Research and Practice is an authoritative resource for the latest research on the multiple dimensions of national security, including the political, physical, economic, ecological, and computational dimensions. Highlighting a range of pertinent topics such as data breaches, surveillance, and threat detection, this publication is an ideal reference source for government officials, law enforcement, professionals, researchers, IT professionals, academicians, and graduate-level students seeking current research on the various aspects of national security.
These papers demonstrate how different kinds of analytical approach can be used to anticipate the economic repercussions of systematic reduction of military spending. It is of interest to economists, scholars in peace studies and international relations, and government officials dealing with disarmament issues and economic restructuring.
This Element introduces students, policy-makers, politicians, governments and business-people to this new discipline within economics. It presents the recent history of the subject and its range of coverage. Traditional topics covered include models of arms races, alliances, procurement and contracting, as well as personnel policies, industrial policies and disarmament. Newer areas covered include terrorism and the economics of war and conflict. A non-technical approach is used and the material will be accessible to both economists and general readers.
"This book explores the causal link between GDP and military expenditure, and other economic and political indicators of the countries of different status of developments for the period of formal wars to till date. It surveys the interdependences between the national output and military or defense expenditure and provides an updated progress in the present research arena"--
Global military expenditure reached an estimated $1,822 billion in 2018 and this book questions what that spending responds to and indeed what that entails in terms of global security. The book draws from prior knowledge and research on military expenditure but introduces an all-encompassing, in-depth and original analysis of military spending as a key and often overlooked factor of global instability, delving into the present and future consequences of its perpetual growth, as well as confronting the reasoning behind it. The authors argue that increasing military expenditure is not the best response to the emergencies militarization itself has helped create. They assert that militarization is paradoxically both a cause of and a response to the grave challenges our society is facing. The book explains why people are not well served by nation-states when they continuously seek to out-compete one another in the size and destructive powers of their militaries. It discusses the scope of military spending around the world, while explaining how militarism is linked with conflict and security threats, and how military spending further prevents us from adequately dealing with global environmental problems like climate change. A must-read for scholars, researchers and students from a wide range of disciplines. It will also find an audience among professionals from the third sector and activists working on issues related to peace, security and militarism, as well as social and climate justice.
This work examines public expenditure, explaining the size and the structure of the system of public finance. Suitable for use as a course text, it can function as a point of departure for empirical and analytical studies on the behaviour of governments.