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Military Expenditure Comparisons

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Book cover Peace, Defence and Economic Analysis

Abstract

One problem in the negotiation and verification of any possible international agreement on the reduction of military expenditure is the difficulty of determining common definitions and methods of evaluation and comparison. Various alternative methods of comparison are discussed and the work of a United Nations group dealing with these matters, including particularly the purchasing power parity method, is reviewed. It is concluded that, given political will and reasonable availability of adequate and relevant information, the construction of useful instruments for international and intertemporal comparison of military expenditure is feasible.

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Notes and References

  1. For further information see Jacques Fontanel: L’économie des armes (Paris: La Découverte, 1984).

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  2. For a further presentation and analysis of these factors see Jacques Fontanel: L’estimation des dépenses militaires soviétiques (Grenoble et Lyons: ARES, Défense et Sécurité, 1981).

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© 1987 International Economic Association

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Cars, H.C., Fontanel, J. (1987). Military Expenditure Comparisons. In: Schmidt, C., Blackaby, F. (eds) Peace, Defence and Economic Analysis. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18898-7_12

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