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Scholars have estimated demand functions for national defense spending and investigated international arms trade for a long time. The relationship between supply and demand for military goods has, however, only been examined on aggregate level or in formal models yet. I investigate how the...
Persistent link: https://www.econbiz.de/10012061352
An arms race exists when a country’s propensity to acquire arms is influenced by a potential adversary’s military spending. When evaluating the impact of economic policies towards the developing world, e.g., foreign assistance programs, it is important to identify if an arms race exist...
Persistent link: https://www.econbiz.de/10014197922
Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense spending in terms of greater economic growth or...
Persistent link: https://www.econbiz.de/10014450765
Orthodox economics models defense as a public good provided by a central nation state. This approach abstracts away from the diverse institutions and processes individuals use to provide defense in the actual world. This paper frames defense as a polycentric system whereby dispersed groups of...
Persistent link: https://www.econbiz.de/10012863202
In recent years, images of United States police wearing helmets and masks, carrying military-style weapons, and riding in armored or even mine-resistant armored vehicles have become increasingly prevalent with media depictions of responses to civil disorder and a purported nationwide trend of...
Persistent link: https://www.econbiz.de/10012955208
In order to prepare and employ naval power and contribute to national defense, the Brazilian Navy, through its programs and projects, seeks to develop means of implementation of naval war operations and actions suitable for its main tasks - sea denial and control, and power projection. A...
Persistent link: https://www.econbiz.de/10012485988
Over the last decade, the defense industry has obtained relevance on Brazilian public policies. Departing from the premise that the success of this process requires not only that the Armed Forces have modern equipment and skilled military to operate them, but also that the country retains the...
Persistent link: https://www.econbiz.de/10012056856
Persistent link: https://www.econbiz.de/10012952643
The European Commission (EC) has proposed expanding the European Defence Fund, an initiative to fund defense technology developed in Europe. As a general matter, only European firms would have access to the fund for development, and participating European nations would need to commit themselves...
Persistent link: https://www.econbiz.de/10014112981
The year 2006 was more successful as regards the achievements in the defense sphere than the preceding years, notwithstanding certain setbacks that occurred in implementing military reform, solving the social problems of the military and equipping the armed forces with modern weapons, which will...
Persistent link: https://www.econbiz.de/10014164525