The Effect of Defense Spending on the Trade Performance of High-technology Industries


Book Description

There has been a longstanding debate about the effect of defense spending on economic performance, with arguments and evidence provided for both positive and negative effects. Examples of positive effects include the technological spinoffs of defense research and development and training of manpower in less-developed countries. On the other hand, critics point to the diversion of scientific and technical personnel or investment capital as examples of the negative effects of defense spending. It is not surprising that this debate has been renewed as a result of the sharp increase in U.S. defense spending of the lat3 1970s and early 1980s.




The Political Economy of Military Spending in the United States


Book Description

This is a timely collection of essays utilizing the political economy approach to military spending, primarily by the United States. The articles deal specifically with the relationships between defense spending and: (a) political-business cycles, public opinion and the US-Soviet relationship; (b) military action - i.e. war; (c) economic performance - the trade deficit, guns versus butter issues and fiscal policy.




Defense Spending And Economic Growth


Book Description

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.




Constraints on Strategy


Book Description

En række eksperter i international økonomi analyserer Vestens økonomi og de utilstrækkelige forsvarsbudgetters indflydelse på opretholdelsen af den militære sikkerhed.




Economic Security: Neglected Dimension of National Security ?


Book Description

On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.







Economics and National Security


Book Description

Contents: (1) National Security (NS) and the Congressional Interest; 21st Century Challenges to NS; (2) The Role of the Economy in U.S. NS; Macroecon. and Microecon. Issues in NS; (3) Economic Growth and Broad Conceptions of NS: Human Capital; Research, Innovation, Energy, and Space; (4) Globalization, Trade, Finance, and the G-20; Instability in the Global Economy; Savings and Exports; Boosting Domestic Demand Abroad; Open Foreign Markets to U.S. Products and Services; Build Cooperation with International Partners; Deterring Threats to the International Financial System; (5) Democracy, Human Rights, and Development Aid; Sustainable Development. Charts and tables. This is a print on demand publication.




The Economics of World War I


Book Description

This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.




Military Effectiveness: Volume 3, The Second World War


Book Description

This three-volume study examines the questions raised by the performance of the military institutions of France, Germany, Russia, the United States, Great Britain, Japan, and Italy in the period from 1914 to 1945. Leading military historians deal with the different national approaches to war and military power at the tactical, operational, strategic, and political levels. They form the basis for a fundamental re-examination of how military organizations have performed in the first half of the twentieth century. Volume 3 covers World War II. Volumes 1 and 2 address address World War I and the interwar period, respectively. Now in a new edition, with a new introduction by the editors, these classic volumes will remain invaluable for military historians and social scientists in their examination of national security and military issues. They will also be essential reading for future military leaders at Staff and War Colleges.