Military Expenditures in the Maelstrom of the Globalized World

Sandra Krtalić and Aleksandar Major

Economic Research-Ekonomska Istraživanja, 2010, vol. 23, issue 2, 142-161

Abstract: The concept of military expenditures is as old as the first antic civilizations. The military, as the first andonly line of defense, has always had a great role in the expenditures of countries. Military expenditures changed through history, as has the very understanding of the armed forces which represented the military might of a country. Through the evolution of society many other priorities have emerged concerning state expenditures, but because of their focus on population defense, upholding peace and protecting the country borders as the first and primary forms of public goods, have themilitary expenditures kept their steadfastness through the entire human history.

Date: 2010
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DOI: 10.1080/1331677X.2010.11517418

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