The second volume of the Handbook of Defense Economics addresses defense needs, practices, threats, and policies in the modern era of globalization. This new era concerns the enhanced cross-border flows of all kinds (e.g., capital and labor flows, revolutionary rhetoric, guerrillas, and...

This essay provides an up-to-date summary of the findings of the literature on the economics of alliances. We show that the study of the economics of alliances has played a pivotal role in understanding and applying public good analysis to real-world applications. We establish that the manner in...

This paper focuses on the future of the defence firm. It forecasts that the defence firm of 2050 will be radically different, reflecting a combination of technology, economic and political factors. To provide insights into the future, the paper starts by outlining recent changes in the size,...