The Economics of Defence Policy

The Economics of Defence Policy

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Defence policy is of continuing interest and concern to all nations. There are armed conflicts and new threats. Difficult choices cannot be avoided. This book has three aims. First, to identify the typical questions raised by economists when studying defence policy. Second, to show how simple economic analysis can be used to answer these questions and contribute to our understanding of defence issues. Third, to provide a critical evaluation of defence policy.They also contribute to a#39;showing the flaga#39; (e.g. Red Arrows; overseas naval visits) However, the UK appears costly for peace-keeping operations compared with other ... One possibility is that UK taxpayers are willing to pay for these benefits ( the question is how much are they willing to pay?).Question 6: what would happen without UK defence: can the UK free ride on rest ofthe worlda#39;s defence spending?

Title:The Economics of Defence Policy
Author:Keith Hartley
Publisher:Routledge - 2012-07-26


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