Andreou, A. S.; Parsopoulos, K. E.; Vrahatis, M. N.; … - In: Defence and Peace Economics 13 (2002) 4, pp. 329-347
The aim of this paper is to indicate the extent to which the arms race against Turkey, in which Greece and Cyprus have been entangled, imposes a defence expenditure burden that is tough for the two allies to bear. To do so we have resorted to evaluating the optimal military expenditure for the...