Handbook of Defense Economics

Defense in a Globalized World

Edited by

  • Todd Sandler, Vibhooti Shukla Professor of Economics and Political Economy, University of Texas at Dallas, USA
  • Keith Hartley, Director, Centre for Defence Economics, University of York, UK

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.
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Researchers and graduate students studying defense economics; policymakers, Armed Forces and staff colleges, undergraduates, think tanks and defense contractors


Book information

  • Published: April 2007
  • Imprint: NORTH-HOLLAND
  • ISBN: 978-0-444-51910-8

Table of Contents

DedicationAbout the SeriesPreface1. Defense in a Globalized World: An IntroductionTodd Sandler & Keith Hartley2. Economics of Defense in a Globalized WorldMartin C. McGuire3. Economics of Conflict: An OverviewMichelle R. Garfinkel & Stergios Skaperdas4. Civil WarPaul Collier & Anke Hoeffler5. Political economy of peacekeepingBinyam Solomon6. Terrorism: a Game-Theoretic ApproachTodd Sandler & Daniel G. Arce7. Terrorism: an Empirical ApproachWalter Enders8. The Political Economy of Economic SanctionsWilliam H. Kaempfer & Anton D. Lowenberg9. The Econometrics of Military Arms RacesJ. Paul Dunne & Ron P. Smith10. Arms Trade and Arms Races: A Strategic AnalysisMaria del Carmen Garcia-Alonso & Paul Levine11. Arms Industries, Arms Trade, and Developing CountriesJurgen Brauer12. Trade, Peace and Democracy: An Analysis of Dyadic DisputeSolomon W. Polachek & Carlos Seiglie13. New Economics of Manpower in the Post-Cold War EraBeth J. Asch, James R. Hosek & John T. Warner14. The Arms Industry, Procurement and Industrial PoliciesKeith Hartley15. Success and Failure in Defense Conversion in the ├ó┬Ç┬śLong Decade of Disarmament├ó┬Ç┬ÖMichael Brzoska16. A Survey of Peace EconomicsCharles H. Anderton & John R. Carter