Defense economics : an institutional perspective /

Keupp, Marcus Matthias, 1977-

Defense economics : an institutional perspective / Marcus Matthias Keupp - Cham, Switzerland : Springer, 2021 - xiii, 138 pages ; 24 cm

SIP2203

Includes bibliographical references and index

Introduction: The Fundamental Economic Problem of the Military -- Institutions and Armed Forces -- Effectiveness of Military Performance -- Efficiency of Military Performance -- Opportunities for Reform

This textbook examines the economic problems of military organizations from an institutional perspective. It discusses the efficiency and effectiveness of military performance, using a capability-based conceptualization. Constitutional, historical and economic considerations complement the analysis. Neither the analysis nor the conclusions depend on any specific armed force, culture, organization, or language. On the contrary, the challenge of defense economics analysis and armed forces management is reduced to a fundamental economic problem, and solutions to this problem are offered. This book is a must-read for students, scholars and practitioners interested in a better understanding of defense economics.


Translated from German

3030738140 9783030738143


armed--defence industry--defence industrial base--military expenditure--institutions--management--economic policy--defence budgets--arms procurement--statistics