Description
Defence Economics and Innovation offers a comprehensive analysis of the political economy underlying major defence projects globally. The author examines how technological innovation, budgeting constraints, and political considerations interact to influence defence spending and military modernization programmes.
Through detailed case studies and theoretical frameworks, this Element explores the institutional dynamics that drive defence procurement decisions. It investigates how nations balance economic efficiency with security imperatives, and how defence industries influence policy-making processes. The book addresses critical questions about cost overruns, project delays, and the effectiveness of defence investments.
This work is essential for policymakers, defence analysts, economists, and scholars interested in understanding how modern governments manage large-scale military projects and navigate the complex intersection of economics, politics, and national security.
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