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Policy Area Papers on Defence



The Diseconomies of Terrorism The Diseconomies of Terrorism
Peter J. Phillips, World Economics, December 2011
The Global Terrorism Database (GTD) contains many active and inactive terrorist groups. The defining characteristic of the terrorist groups contained in the GTD is smallness. Unlike the modern business enterprise, for example, there appears to be no trend towards ‘bigne ... More


Defence R&D Spending Defence R&D Spending: A critical review of the economic data
Keith Hartley, World Economics, March 2011
A nation’s defence R&D determines the international competitiveness of its defence industries and the technical superiority of its military forces. Whilst there is much secrecy, there are published data on defence R&D for many nations. Exceptions include China, Iran, Is ... More


It’s Time to Retire the US Military’s Retirement System It’s Time to Retire the US Military’s Retirement System
Chris Springer, World Economics, December 2010
The author outlines a retirement system for the most expensive government organisation in the world – the US military. The plan incorporates positive aspects of both defined benefit and defined contribution plans that cost less and are more valuable to service members t ... More


Weapons Exports Weapons Exports: The bogus moral dilemma
Samuel Brittan, World Economics, June 2003
The commonly held view that an ethical approach to arms sales is desirable but ‘unaffordable’ because jobs and exports are at stake is challenged by Samuel Brittan. He argues that it arises from a failure to understand the circular flow of income, the fallacy of a ‘l ... More


A Hard Look at the Costs of Peace A Hard Look at the Costs of Peace
Jacques Fontanel & Michael D. Ward , World Economics, June 2002
The United States has emerged as a hegemonic, dominant military power exactly during the period when its military expenditures have grown least. The end of the Cold War did indeed deliver a huge dividend to its largest beneficiary, the United States. During this same ... More


The International Arms Industry Since the End of the Cold War The International Arms Industry Since the End of the Cold War
Ron Smith, World Economics, September 2001
This article surveys the evolution of the international arms market since the end of the Cold War. It begins with the policy context, the choices made by the national Ministries of Defence and the constraints they faced. It then looks at the choices available to the ar ... More