Budget breaker? (Record no. 42343)

MARC details
000 -LEADER
fixed length control field 01933cam a2200169 4500
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name ALLEY Joshua
245 ## - TITLE STATEMENT
Title Budget breaker?
Remainder of title the financial cost of US Military alliances/
Statement of responsibility, etc. Joshua Alley & Matthew Fuhrmann
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2021
520 ## - SUMMARY, ETC.
Summary, etc. How do alliance commitments affect US military spending? This question is at the heart of debates about the value of alliances and the future of US grand strategy. One perspective, which we call the budget hawk view, asserts that alliances are exorbitantly expensive, as they require military investments to deter third-party adversaries and reassure allies, encourage free riding, and facilitate reckless allied behavior. A competing view, which we label the bargain hunter perspective, claims that US alliance commitments are relatively cheap and might even reduce military spending. Allies provide key military capabilities, reassurance and extended deterrence are cheaper than they might initially seem, and alliances reduce the need for costly military interventions by promoting peace. Despite the importance of this debate, few studies have attempted to determine how alliance commitments affect US military spending. We use over-time variation in the number of US alliance commitments to estimate their financial toll. A statistical model of US defense expenditures from 1947 to 2019 shows that one new alliance commitment has a large positive association with defense budget levels in subsequent years. Military alliances benefit the United States in many ways but, consistent with the budget hawk view, they are expensive.
598 ## - BULLETIN HEADING
Bulletin Heading USA, MILITARY, STRATEGY
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Topical term or geographic name entry element US MILITARY
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Topical term or geographic name entry element SECURITY GUARANTEES
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Personal name FUHRMANN Matthew
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Main entry heading Security Studies :
Related parts Vol.30, No.5, October-December 2021 pp.661-690 (118)
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Uniform Resource Identifier <a href="https://www.tandfonline.com/doi/full/10.1080/09636412.2021.2021280">https://www.tandfonline.com/doi/full/10.1080/09636412.2021.2021280</a>
Public note Click here for full text
945 ## - LOCAL PROCESSING INFORMATION (OCLC)
i 69259.1001
r Y
s Y
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
          Mindef Library & Info Centre Mindef Library & Info Centre Journals 16/02/2023   UNITED STATES OF AMERICA 69259.1001 03/01/2024 1 03/01/2024 Journal Article