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Defence Inflation - Perspectives and Prospects (Hardcover)
Loot Price: R3,874
Discovery Miles 38 740
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Defence Inflation - Perspectives and Prospects (Hardcover)
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Defence inflation is a recurring factor in determining defence
spending. It is widely reported in official government publications
and in the trade press, but remains relatively neglected by defence
and peace economists. In this book, international contributors from
Finland, Norway, Sweden, the UK and the USA distinguish between
defence inflation and cost escalation, and identify the causes of
both. They use specific case studies to address a wide variety of
theoretical and empirical issues and key questions, including the
following: Does defence inflation affect all countries? What are
its effects? Why does it occur? How (if at all) can defence
inflation be controlled? While most industry and trade press devote
considerable ink and space to the discussion of defence inflation,
cost escalation, and their consequential impact on the purchasing
dollars of the armed forces, economists have been relatively
silent. This book aims to rectify this oversight through a
multinational survey and analysis of the topic, while also
identifying the opportunities for further theoretical and empirical
research in the field. This book was originally published as a
special issue of the journal Defence and Peace Economics.
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