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Defence spending and military modernisation : should it be recession-proof?

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Defence spending and military modernisation : should it be recession-proof?

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Title: Defence spending and military modernisation : should it be recession-proof?
Author: Bitzinger, Richard A.; Kuah, Adrian W. J.; Loo, Bernard Fook Weng.
Copyright year: 2008
Abstract: Given the current global economic crisis, there is growing debate over whether defence budgets should be recession-proof. National security is a first-order priority for any country. Yet, militaries should never be given a blank check when it comes to spending. The decision to shield dfence budgets during tough econnomic times is ultimately a political one.
Subject: DRNTU::Social sciences::Military and naval science.
Type: Commentary
Series/ Journal Title: RSIS Commentaries ; 135/08
School: S. Rajaratnam School of International Studies

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