Abstract
1. Defense economics: an introduction Part I. Alliances, Defense Demand and Arms Races: 2. The economic theory of alliances 3. The demand for military expenditures 4. Arms races Part II. Defense Inputs, Industrial Base and Growth: 5. Procurement: theories, evidence and policies 6. Military manpower 7. Defense and the industrial base 8. Economic growth, development and military expenditures Part III. Defense Policies, Trade, Disarmament and Conversion: 9. Industrial and alliance policies 10. Arms trade 11. Arms control and disarmament 12. Conversion Part IV. New Developments and Future Directions: 13. Nonconventional conflict: revolutions, guerrilla warfare and terrorism 14. Conclusions and research agenda for the future.
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