IDEAS home Printed from https://ideas.repec.org/a/rfa/afajnl/v4y2018i1p95-111.html
   My bibliography  Save this article

A New Way Forward: Rebalancing the U.S. Security Cooperation with Greece in a Fast Changing Geostrategic Environment

Author

Listed:
  • Michail Ploumis

Abstract

The Hellenic National Defense Forces (HNDF) modernization is at a crossroads because of the current and persistent Greek economic and fiscal crisis. After WW II until today, Greece benefitted from the U.S. security assistance and cooperation programs. Meanwhile, the Balkans and the Eastern Mediterranean regions geostrategic environment is changing fast to an unpredictable future. That said, Greece, and the U.S.A. under rebalanced approaches, should consider the U.S. security assistance and defense cooperation programs to meet HNDF modernization requirements and current security challenges for both countries in the region. A new framework of cooperation would serve common national security interest of both Greece and the United States in the Balkans and the Eastern Mediterranean regions.

Suggested Citation

  • Michail Ploumis, 2018. "A New Way Forward: Rebalancing the U.S. Security Cooperation with Greece in a Fast Changing Geostrategic Environment," Applied Finance and Accounting, Redfame publishing, vol. 4(1), pages 95-111, February.
  • Handle: RePEc:rfa:afajnl:v:4:y:2018:i:1:p:95-111
    as

    Download full text from publisher

    File URL: http://redfame.com/journal/index.php/afa/article/view/2950/3152
    Download Restriction: no

    File URL: http://redfame.com/journal/index.php/afa/article/view/2950
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nye, Joseph S., 2008. "Public Diplomacy and Soft Power," Scholarly Articles 11738397, Harvard Kennedy School of Government.
    2. Sandler,Todd & Hartley,Keith, 1999. "The Political Economy of NATO," Cambridge Books, Cambridge University Press, number 9780521630931, October.
    3. Sandler, Todd & Hartley, Keith, 1999. "The Political Economy of Nato: Past, Present, and into the 21st Century," Staff General Research Papers Archive 1441, Iowa State University, Department of Economics.
    4. Christos Kollias & Apostolos Rafailidis, 2003. "A survey of the Greek defence industry," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(4), pages 311-324.
    5. Michail Ploumis, 2017. "Hellenic Defence Industrial Base in the Era of Economic Crisis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 15(2), pages 103-125.
    6. J. Paul Dunne & Eftychia Nikolaidou & Nikolaos Mylonidis, 2003. "The demand for military spending in the peripheral economies of Europe," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(6), pages 447-460.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michail Ploumis, 2017. "Hellenic Defence Industrial Base in the Era of Economic Crisis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 15(2), pages 103-125.
    2. Kobi Kagan & Alon Levkowitz & Asher Tishler & Avi Weiss, 2009. "Evaluating Strategic Arms Limitation Agreements, With Applications To The Israeli-Syrian And The North Versus South Korean Conflicts," Defence and Peace Economics, Taylor & Francis Journals, vol. 20(2), pages 95-121.
    3. Thomas Plümper & Eric Neumayer, 2015. "Free-riding in alliances: Testing an old theory with a new method," Conflict Management and Peace Science, Peace Science Society (International), vol. 32(3), pages 247-268, July.
    4. Roger Congleton & Andreas Kyriacou & Jordi Bacaria, 2003. "A Theory of Menu Federalism: Decentralization by Political Agreement," Constitutional Political Economy, Springer, vol. 14(3), pages 167-190, September.
    5. M. Dolores Gadea & Eva Pardos & Claudia Perez-Fornies, 2004. "A Long-Run Analysis Of Defence Spending In The Nato Countries (1960-99)," Defence and Peace Economics, Taylor & Francis Journals, vol. 15(3), pages 231-249.
    6. Rainer Schweickert & Inna Melnykovska & Ansgar Belke & Ingo Bordon, 2011. "Prospective NATO or EU membership and institutional change in transition countries," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 19(4), pages 667-692, October.
    7. Khusrav Gaibulloev & Todd Sandler & Hirofumi Shimizu, 2009. "Demands for UN and Non-UN Peacekeeping," Journal of Conflict Resolution, Peace Science Society (International), vol. 53(6), pages 827-852, December.
    8. Ghislain Dutheil de la Rochère & Jean-Michel Josselin & Yvon Rocaboy, 2011. "The role of aggregation technologies in the provision of supranational public goods: A reconsideration of NATO’s strategies," The Review of International Organizations, Springer, vol. 6(1), pages 85-103, March.
    9. Marek Dabrowski & Artur Radziwill, 2007. "Regional vs. Global Public Goods: The Case of Post-Communist Transition," CASE Network Studies and Analyses 0336, CASE-Center for Social and Economic Research.
    10. Bernhard Klingen, 2011. "A Public Choice Perspective on Defense and Alliance Policy," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 17, Edward Elgar Publishing.
    11. Todd Sandler, 1998. "Global and regional public goods: a prognosis for collective action," Fiscal Studies, Institute for Fiscal Studies, vol. 19(3), pages 221-247, August.
    12. Todd Sandler, 1999. "Alliance Formation, Alliance Expansion, and the Core," Journal of Conflict Resolution, Peace Science Society (International), vol. 43(6), pages 727-747, December.
    13. Axel Dreher & James Raymond Vreeland, 2011. "Buying Votes and International Organizations," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 78, Courant Research Centre PEG.
    14. Joseph Michael Newhard, 2016. "An Interest Group Theory of Public Goods Provision: Reassessing the Relative Efficiency of the Market and the State," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 31(Winter 20), pages 21-41.
    15. George, Justin & Sandler, Todd, 2018. "Demand for military spending in NATO, 1968–2015: A spatial panel approach," European Journal of Political Economy, Elsevier, vol. 53(C), pages 222-236.
    16. David Versailles & Valerie Merindol, 2006. "Knowledge Transfers And R&D Management: An Inquiry Into The Problem Of Transatlantic Complementarities," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(3), pages 239-256.
    17. Dreher, Axel & Sturm, Jan-Egbert & Vreeland, James Raymond, 2009. "Global horse trading: IMF loans for votes in the United Nations Security Council," European Economic Review, Elsevier, vol. 53(7), pages 742-757, October.
    18. Marek Loužek, 2009. "Ekonomie bezpečnosti - jsou teroristé racionální? [Economics of security - are terrorists rational?]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(2), pages 177-193.
    19. Drautzburg, Thorsten & Melnykovska, Inna & Schweickert, Rainer, 2008. "Which membership matters? External vs. internal determinants of institutional change in transition countries," Kiel Working Papers 1421, Kiel Institute for the World Economy (IfW Kiel).
    20. Ansgar Belke & Ingo Bordon & Inna Melnykovska & Rainer Schweickert, 2009. "Prospective NATO or EU Membership and Institutional Change in Transition Countries," Ruhr Economic Papers 0131, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.

    More about this item

    Keywords

    U.S. security assistance; U.S. security cooperation; Greece; FMFP; FMS; EDA; IMET; SPP; Hellenic Defense Industrial Base;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfa:afajnl:v:4:y:2018:i:1:p:95-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Redfame publishing (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.