 Defence spending in SpainDefence and Peace Economics, 2001, vol. 12, issue 5, 395-415 Abstract: This paper is divided into two parts. The first analyses the Spanish defence investment budget. This study identifies important financial problems. In an overall context of budget restrictions, Spanish defence expenditures are going to increase due to the transition to an all-volunteer recruitment system together with the necessity of modernizing an obsolete armament. In the second part, the Spanish defence budget is compared with other of NATO and European non-NATO countries. Spain is classified in the same group as Portugal, Greece and Turkey. Although Spain has begun its transition to an all-volunteer recruitment system, it still retains the characteristic of a compulsory one. After studying the relation between defence budget per soldier and its components with several variables, we can conclude that there is no relation between professionalizing the armed forces and the increase of armament expenditure per soldier. That conclusion is important for the Spanish budget restriction. Keywords: Spanish defence budget; Defence investment expenditures; Recruitment system; Ccomparative analysis; Spanish armament procurement; Spanish R&D; Defence expenditure per soldier; Professional armed forces (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:defpea:v:12:y:2001:i:5:p:395-415 Ordering information: This journal article can be ordered from DOI: 10.1080/10430710108404996 Access Statistics for this article Defence and Peace Economics is currently edited by Professor Keith Hartley More articles in Defence and Peace Economics from Taylor & Francis Journals |
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