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The Economics of Defence in France and the UK

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  • Ron Smith

    (Department of Economics, Mathematics & Statistics, Birkbeck)

Abstract

France and the UK face similar geostrategic circumstances: both were once Great Powers and still retain their positions among the five permanent members of the UN Security Council. During the Cold War both were dwarfed by the super-powers and were thus extremely sensitive about their status: what the French called their grandeur and the British called their seat at the top table. Despite their strategic similarities, they have differed in many of their defence policy choices and in particular how they balanced their strategic aspirations with their limited financial resources. Thus a comparison of British and French defence policies provides a revealing case study of military choices.

Suggested Citation

  • Ron Smith, 2013. "The Economics of Defence in France and the UK," Birkbeck Working Papers in Economics and Finance 1304, Birkbeck, Department of Economics, Mathematics & Statistics.
    • Handle: RePEc:bbk:bbkefp:1304
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    File URL: https://eprints.bbk.ac.uk/id/eprint/7863
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    References listed on IDEAS

    as
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    Cited by:

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    2. Jacques Fontanel, 2018. "Développement économique, conflits et guerres. Les leçons partisanes de la science économique," Working Papers hal-02127938, HAL.

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