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The military budget, a less and less significant indicator of the useful national defense effort

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble - UGA [2016-2019] - Université Grenoble Alpes [2016-2019])

Abstract

The military budget is often presented as the main indicator of a country's national security effort. The contents and comparison of state military spending are not definitely conceptualized, and national budgets are homogeneous neither in time nor in space. The NATO and SIPRI date are interesting, with some large approximations for great power such as China or Russia. It is often difficult to understand the military or civilian nature of a threat and new potential weapons against the security of a country are not included in the military budgets, such as economic war or cyber-attacks.

Suggested Citation

  • Jacques Fontanel, 2019. "The military budget, a less and less significant indicator of the useful national defense effort," Working Papers hal-02422300, HAL.
    • Handle: RePEc:hal:wpaper:hal-02422300
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02422300
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-02422300/document
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    References listed on IDEAS

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    1. Stephen Martin & Ron Smith & Jacques Fontanel & H. Haan, 1987. "Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK," International Economic Association Series, in: Christian Schmidt & Frank Blackaby (ed.), Peace, Defence and Economic Analysis, chapter 16, pages 342-362, Palgrave Macmillan.
    2. Aizenman, Joshua & Glick, Reuven, 2003. "Military Expenditure, Threats, and Growth," Santa Cruz Department of Economics, Working Paper Series qt41r4105h, Department of Economics, UC Santa Cruz.
    3. Jacques Fontanel & Manas Chatterji, 2008. "War, peace and security," Post-Print hal-02388881, HAL.
    4. Malizard, Julien, 2015. "Does military expenditure crowd out private investment? A disaggregated perspective for the case of France," Economic Modelling, Elsevier, vol. 46(C), pages 44-52.
    5. Joshua Aizenman & Reuven Glick, 2006. "Military expenditure, threats, and growth," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(2), pages 129-155.
    6. Ron Smith & Anthony Humm & Jacques Fontanel, 1987. "Capital-labour substitution in defence provision," Post-Print hal-03205374, HAL.
    7. Jacques Fontanel & Ivan Samson, 2008. "The determinants of military expenditures," Post-Print hal-02068194, HAL.
    8. Jacques Fontanel & Michael Ward, 1993. "Military expenditures, armament, and disarmament," Post-Print hal-02065451, HAL.
    9. Jacques Fontanel, 1982. "Introduction. Military expenditures and Economic Growth (France, Morocco)," Post-Print hal-03264692, HAL.
    10. Jacques Fontanel, 1982. "Military expenditures and Economic Growth (France, Morocco)," Post-Print hal-03264772, HAL.
    11. Raul Caruso & Marco Di Domizio, 2016. "Interdependence between US and European military spending: a panel cointegration analysis (1988-2013)," Applied Economics Letters, Taylor & Francis Journals, vol. 23(4), pages 302-305, March.
    12. Raul Caruso & Marco Di Domizio, 2017. "Military spending and budget deficits: the impact of US military spending on public debt in Europe (1988–2013)," Defence and Peace Economics, Taylor & Francis Journals, vol. 28(5), pages 534-549, September.
    13. Jacques Fontanel & Ron Smith, 1990. "The impact of strategy and measurement on models of French military expenditure," Post-Print hal-02065551, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    NATO; SIPRI; Military budget; Military expenditure; UNODA; economic war; cyber-war;
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