Economics of Defence Policy : A New Perspective PDF
Preview Economics of Defence Policy : A New Perspective
The Economics of Defence Policy A new perspective Keith Hartley Routledge Studies in Defence and Peace Economics The Economics of Defence Policy Since the end of the Cold War, the world has been faced with new regional con- flicts, terrorism and threats from the proliferation of weapons of mass destruc- tion and from rogue states. The world remains uncertain, unstable and insecure with continued threats to global peace and security. The world economic crisis has also threatened government spending with defence as a candidate for spend- ing cuts. Choices have to be made about the size of a nation’s defence budget, its allocation between nuclear and conventional forces, between equipment and per- sonnel and between air, land and sea forces. Major reductions in defence spend- ing and the challenge of maintaining security with increasingly limited resources will confront the defence budgets of all nations. This book identifies the typical questions raised by economists when studying defence policy, shows how simple economic analysis can be used to answer these questions and provides a critical evaluation of defence policy. Controver- sial and illuminating, this pioneering work subjects the myths, emotion and special pleading which dominate defence debates to the close scrutiny of eco- nomic analysis and critical appraisal. It identifies the range of choices facing all governments with examples taken from the UK, Europe and the USA. This valuable contribution should be of interest to undergraduates, postgradu- ates and researchers focusing on defence economics, as well as those working in the military, defence ministries and defence industries. Keith Hartley is Emeritus Professor in Economics at the University of York, UK. Routledge studies in defence and peace economics Edited by Keith Hartley University of York, UK and Jurgen Brauer Augusta State University, USA 1 European Armaments Collaboration Policy, problems and prospects R. Matthews 2 Military Production and Innovation in Spain J. Molas- Gallart 3 Defence Science and Technology Adjusting to change R. Coopey, M. Uttley and G. Spiniardi 4 The Economics of Offsets Defence procurement and countertrade S. Martin 5 The Arms Trade, Security and Conflict Edited by P. Levine and R. Smith 6 Economic Theories of Peace and War F. Coulomb 7 From Defense to Development? International perspectives on realizing the peace dividend A. Markusen, S. DiGiovanna and M. Leary 8 Arms Trade and Economic Development Theory, policy, and cases in arms trade offsets Edited by Jurgen Brauer and J. Paul Dunne 9 Exploding the Myth? The peace dividend, regions and market adjustment Derek Braddon 10 The Economic Analysis of Terrorism Tilman Brück 11 Defence Procurement and Industry Policy Edited by Stefan Markowski and Peter Hall 12 The Economics of Defence Policy A new perspective Keith Hartley Other titles in this series include: The Economics of Regional Security NATO, the Mediterranean, and Southern Africa Jurgen Brauer and Keith Hartley The Economics of Defence Policy A new perspective Keith Hartley First published 2011 by Routledge 2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN Simultaneously published in the USA and Canada by Routledge 270 Madison Avenue, New York, NY 10016 Routledge is an imprint of the Taylor & Francis Group, an informa business © 2011 Keith Hartley Typeset in Times by Wearset Ltd, Boldon, Tyne and Wear All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging in Publication Data Hartley, Keith. The economics of defence policy: a new perspective/by Keith Hartley. p. cm. Includes bibliographical references and index. 1. Military policy–Economic aspects. 2. Great Britain–Defenses–Costs. 3. Great Britain–Military policy–Economic aspects. I. Title. HC79.D4H37 2010 355.0335–dc22 2010020532 ISBN: 978-0-415-27132-5 (hbk) ISBN: 978-0-203-83877-8 (ebk) To my wife and family: Winifred Adam, Rachel, Oliver and Imogen Hartley Lucy Hartley Cecilia, Martyn, Matthew, Katie and Sophie Ellis Contents List of figures xi List of tables xii Preface xiv Abbreviations xvii 1 Economics and defence policy: an overview 1 2 How do economists analyse defence? 14 3 The case for defence 30 4 Defence budgets 48 5 The determinants of defence expenditure 63 6 Economics, politics and public choice analysis 83 7 Equipment procurement policy 95 8 NATO and equipment standardisation 116 9 The European Union: defence markets and industries 132 10 The European Defence Technological and Industrial Base 147 11 Evaluating international collaborative projects 168 12 The UK defence industrial base 183 13 Personnel policy 216
The list of books you might like
