Handbook of Defense Economics: Defense in a Globalized World

Front Cover
Keith Hartley, Todd Sandler
Elsevier, 1995 - Business & Economics - 698 pages
The second volume of the Handbook of Defense Economics addresses defense needs, practices, threats, and policies in the modern era of globalization. This new era concerns the enhanced cross-border flows of all kinds (e.g., capital and labor flows, revolutionary rhetoric, guerrillas, and terrorists) including the spillovers of benefits and costs associated with public goods and transnational externalities (i.e., uncompensated interdependencies affecting two or more nations). These ever-increasing flows mean that military armaments and armies are less able to keep out security threats. Thus, novel defense and security barriers are needed to protect borders that are porous to terrorists, pollutants, political upheavals, and conflicts. Even increased trade and financial flows imply novel security challenges and defenses. Globalization also underscores the importance of a new set of institutions (e.g., the European Union and global governance networks) and agents (e.g., nongovernmental organizations and partnerships).
This volume addresses the security challenges in this age of globalization, where conflicts involve novel tactics, new technologies, asymmetric warfare, different venues, and frightening weapons. Volume 2 contains topics not covered in volume 1 - i.e., civil wars, peacekeeping, economic sanctions, the econometrics of arms races, conversion, peace economics, and the interface of trade, peace, and democracy. Volume 2 also revisits topics from volume 1, where there has been a significant advancement of knowledge - i.e., conflict analysis, terrorism, arms races, arms trade, military manpower, and arms industries. All of the main securities concerns of today are analyzed. Chapters are written by the leading contributors in the topic areas.

*Up-to-date surveys on the pressing defense issues: theoretical, empirical and policy issues.
*Coverage of theoretical and empirical studies of terrorism.
*Contributions by the leading researchers in the field of defense economics.

From inside the book


An Overview
Chapter 23 Civil War
Chapter 24 Political Economy of Peacekeeping
A GameTheoretic Approach
An Empirical Analysis
Chapter 27 The Political Economy of Economic Sanctions
Chapter 28 The Econometrics of Military Arms Races
A Strategic Analysis
An Analysis of Dyadic Dispute
Chapter 32 New Economics of Manpower in the PostCold War Era
Chapter 33 The Arms Industry Procurement and Industrial Policies
Chapter 34 Success and Failure in Defense Conversion in the Long Decade of Disarmament
Chapter 35 A Survey of Peace Economics
Author Index of Volume 2
Subject Index of Volume 2

Chapter 30 Arms Industries Arms Trade and Developing Countries

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