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- W2503285947 abstract "While the economics of disarmament, that is, the reconversion of military expenditure to peaceful uses, has attracted the attention of many international agencies, political writers and social scientists, the economics of the armaments race itself has been examined much less thoroughly until very recently. This asymmetry probably reflects a combination of various factors: widespread belief that the armaments race is inevitable; limited knowledge among political and economic experts of the disaggregated information about armaments expenditure of the major arms spenders; difficulties in reconstructing and analysing national policy-making processes in the field of military technology decisions and arms procurement; limited supply of highly-trained human resources able to treat the subject of economics of the armaments race in a multi-disciplinary fashion; general sterility of the economics profession reflected in the ascendancy of econometrics, that is, quantitative theoretical model-building economics, divorced both from political and institutional economics and from real life issues. KeywordsMilitary ExpenditureMilitary SpendingNorth Atlantic Treaty OrganisationGeneral SterilityDefense DepartmentThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves." @default.
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- W2503285947 date "1984-01-01" @default.
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- W2503285947 title "Economics of the Armaments Race" @default.
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- W2503285947 doi "https://doi.org/10.1007/978-1-349-17485-0_26" @default.
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