The cold war, great-power traditions and military posture: Determinants of British defence expenditure after 1945

Keith Hartley

Defence and Peace Economics, 1997, vol. 8, issue 1, 17-35

Abstract: Since 1945 the UK has changed from Great Power to leading nation status. The stylised facts are outlined and the determinants of UK defence spending are analysed using social welfare and public choice models. The military criteria for leading nation status are considered and the costs of such status are estimated. The conclusion suggests a possible UK defence budget for a medium-size economy.

Keywords: UK defence policy and budgets; leading nation; public choice (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1080/10430719708404867

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