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Concepts of defense economics for the 21st century

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  • Martin McGuire

Abstract

A useful anticipation of defense economics must rest upon the dramatic, continuing, and confusing upheaval in the functions of military forces in the world of the coming century. This essay tries to reflect the staggering array of new features which impact on the provision of national defense and international security; as these profoundly shape the discipline of “defense economics,” they will elevate in importance the social, cultural, developmental, and legal interactions between economics and defense so that the subject will fit far more comfortably into the realm of political economy than it did when it originated decades ago. With this perspective in mind, this introduction is focused on categories defining the core of “defense economics” in the coming decades.

Suggested Citation

  • Martin McGuire, 2000. "Concepts of defense economics for the 21st century," Defence and Peace Economics, Taylor & Francis Journals, vol. 11(1), pages 17-30.
    • Handle: RePEc:taf:defpea:v:11:y:2000:i:1:p:17-30
    DOI: 10.1080/10430710008404936
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    References listed on IDEAS

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    1. 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.
    2. Keith Hartley & Todd Sandler (ed.), 1995. "Handbook of Defense Economics," Handbook of Defense Economics, Elsevier, edition 1, volume 1, number 1.
    3. Sandler,Todd & Hartley,Keith, 1995. "The Economics of Defense," Cambridge Books, Cambridge University Press, number 9780521447287, September.
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    Cited by:

    1. 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.

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