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Military economics : the interaction of power and money / Ron Smith.

Lippincott Library HD9743.A2 S65 2009
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Format:
Book
Author/Creator:
Smith, Ron, 1946 September 2-
Language:
English
Subjects (All):
Defense industries.
Military policy--Economic aspects.
Military policy.
Armed Forces--Appropriations and expenditures.
Armed Forces.
Physical Description:
viii, 194 pages : illustrations ; 23 cm
Place of Publication:
Basingstoke [England] ; New York : Palgrave Macmillan, 2009.
Summary:
"Military power needs to be financed and economic development is often shaped by military conflict, thus the interaction of military and economy, power and money is central to the modern world. This book provides an accessible introduction to the economics of the use of organised force, with a wide range of historical and current examples"--Provided by publisher.
Contents:
1 Introduction 1
Economics 3
The military 8
Values 9
Facts 11
Theories 14
Outline 17
2 Power and Money 19
Producing security 24
Militarism 28
Economic concepts 30
Uncertainty 38
Economic-security interactions 46
3 Security: Are We Safe? 54
Individual security 56
National security 61
Global security 65
War 71
Oil 80
Arms races and arms control 84
4 Military Spending: How Much Is Enough? 88
Military budgets 89
Motives for arming 95
Economic functions of the defence budget and US military spending 99
Hard choices: UK and France 102
An arms race: India and Pakistan 107
Military prices 111
Military accounts and balance sheets 113
5 Force Acquisition I, Demand: The Biggest Bang for a Buck? 118
Labour 119
Weapons procurement 123
Technology 132
6 Force Acquisition II, Supply: Merchants of Death? 138
The arms industry: DIB or MIC? 139
The arms trade 143
7 Military Capability: How to Win? 149
Force employment 149
Morale 152
Logistics 153
Peacekeeping 155
8 Economic Choices: Swords or Plowshares? 159
Budget constraints 160
Economic effects 164
echnological spin-off 165
Economic warfare 168
9 Understanding Military Economics 172.
Notes:
Includes bibliographical references and index.
ISBN:
9780230228535
0230228534
OCLC:
317926576

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