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|Title:||To spend or not to spend? The case of defence expenditure in the context of the Greek crisis||Authors:||Andreou, Andreas S.
Migiakis, Petros M.
Zombanakis, George A.
|Keywords:||Defence expenditure;Defence industrial base;Neural networks||Category:||Economics and Business||Field:||Social Sciences||Issue Date:||2014||Publisher:||Praise Worthy Prize||Source:||International Review on Computers and Software Volume 9, Issue 8, 2014, Pages 1484-1495||Abstract:||The aim of this paper is to evaluate the recipe that requires defence expenditure reductions in an environment of severe budget cuts together with rising costs. The case of Greece, a country that is in the process of recovering from a six-year economic crisis, provides an example of an economy in which an import – substitution strategy via the promotion of the Hellenic Defence Industrial Base potential can contribute to both economic growth and unemployment reduction, thus adding to the effectiveness of the import-substitution policies employed and compromising between an austerity programme and the defence needs of the country.||URI:||http://ktisis.cut.ac.cy/handle/10488/9763||ISSN:||18286003||Rights:||© 2014 Praise Worthy Prize S.r.l. - All rights reserved.||Type:||Article|
|Appears in Collections:||Άρθρα/Articles|
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