Record Details

Conducting Comparative Research into Defence Capability Formation

Applied Economics and Finance

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Field Value
 
Title Conducting Comparative Research into Defence Capability Formation
 
Creator Markowski, Stefan
Chand, Satish
Wylie, Robert
 
Description The world appears to be searching for a new, multipolar model of global security. In this context, the provision of  impartial data on military capability formation to be used in disarmament proposals and balance of power negotiations will be critical to effective security management in the prevailing uncertain international environment. In their recent research paper on the relationship between military expenditure (milex), government spending and economic growth in the Indo-Pacific Asia region the authors argued that milex’ high level of aggregation often masked important changes in national military capabilities and proposed limited disaggregation of military expenditure data to highlight national spending on military force structure and preparedness so as to facilitate better understanding of military capability formation. In this paper the authors develop this perspective a step further by reviewing alternative approaches to the production of data on military capability formation. It is suggested that the milex data are disaggregated one level down to differentiate between investments in the future force and expenditure on the readiness and sustainment of the force in being.
 
Publisher Redfame Publishing
 
Contributor
 
Date 2017-11-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://redfame.com/journal/index.php/aef/article/view/2751
10.11114/aef.v4i6.2751
 
Source Applied Economics and Finance; Vol 4, No 6 (2017); 91-106
2332-7308
2332-7294
 
Language eng
 
Relation http://redfame.com/journal/index.php/aef/article/view/2751/2899
 
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