Defense Economics: An Institutional Perspective

This textbook explores the economic challenges of military organizations, focusing on efficiency and effectiveness through a capability-based approach. It considers constitutional, historical, and economic factors approach, offering solutions to a fundamental economic problem.

Format: Paperback / softback
Length: 138 pages
Publication date: 09 July 2022
Publisher: Springer Nature Switzerland AG

This comprehensive textbook delves into the intricate economic challenges faced by military organizations, taking an institutional approach. It explores the efficiency and effectiveness of military performance, employing a capability-based conceptualization. Constitutional, historical, and economic factors are integrated into the analysis, providing a holistic framework. Importantly, the analysis and conclusions are not contingent on any specific armed force, culture, organization, or language. Instead, the challenge of defense economics analysis and armed forces management is simplified to a fundamental economic problem, and practical solutions are offered. This book is an invaluable resource for students, scholars, and practitioners seeking a deeper understanding of defense economics.

Introduction:
The study of military organizations and their economic problems has gained increasing importance in recent years, as governments around the world face the challenges of resource scarcity, budget constraints, and the need to optimize military capabilities for national security. This textbook aims to provide a comprehensive examination of the economic issues confronting military organizations from an institutional perspective.

Chapter 1: The Institutional Context:
In this chapter, the authors introduce the concept of institutional economics and its relevance to the study of military organizations. They discuss the importance of institutions in shaping economic behavior and the challenges that institutions face in the context of military organizations. The chapter also highlights the unique characteristics of military organizations, such as their hierarchical structure, mission-oriented nature, and the importance of discipline and coordination.

Chapter 2: Efficiency and Effectiveness of Military Performance:
In this chapter, the authors examine the factors that determine the efficiency and effectiveness of military performance. They discuss the concept of capability-based conceptualization, which emphasizes the importance of understanding the specific capabilities and limitations of military forces. The chapter also explores the role of technology, training, and leadership in enhancing military performance.

Chapter 3: Constitutional, Historical, and Economic Considerations:
In this chapter, the authors explore the constitutional, historical, and economic considerations that shape the economic policies and practices of military organizations. They discuss the role of government in providing funding and resources for military operations and the challenges that governments face in balancing military needs with other societal priorities. The chapter also examines the historical development of military organizations and the impact of economic factors.

Chapter 4: Challenges and Solutions:
In this chapter, the authors discuss the challenges that military organizations face in the context of defense economics analysis and armed forces management. They explore the role of information technology, globalization, and the changing nature of warfare in shaping these challenges. The chapter also offers practical solutions to these challenges, such as the use of performance-based budgeting, the development of military-industrial partnerships, and the promotion of regional cooperation.

Conclusion:
In conclusion, this textbook provides a comprehensive and insightful examination of the economic problems of military organizations from an institutional perspective. It offers a valuable resource for students, scholars, and practitioners interested in a better understanding of defense economics and armed forces management. The book management offers practical solutions to the challenges faced by military organizations, and the book is a must-read for anyone interested in a better understanding of defense economics and armed forces management.

Weight: 244g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030738174
Edition number: 1st ed. 2021