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ID128681
Title ProperDepression and recession
LanguageENG
AuthorFegan, Paul
Publication2013.
Summary / Abstract (Note)in the final article of his series, the author reflects on the results of his research and concludes that the fundamental cause of the seeming shrinkage in the size of the Royal Navy in not so much the reductions in the defence budget, nor even directly the cost of individual ships, but rather a shift, whether or not international and justified, in the strategic priority, accorded to the navy. If he is correct, than the solution must also lie in the realm of real strategic thought rather than in the 'tweaking' of budgets.
`In' analytical NoteNaval Review Vol.101, No.4; November 2013: p.325-334
Journal SourceNaval Review Vol.101, No.4; November 2013: p.325-334
Key WordsDefence Economy ;  Economic Recession ;  Economic Depression ;  Royal Navy ;  United Kingdom - UK ;  Strategic Priority ;  Defence Budget ;  Defence Finance ;  Defence Acquisition ;  Defence Procurement ;  Defence Inflation ;  Eliminate Conflicts ;  Broader Context ;  Modern Defence Equipment ;  Controversial Subject ;  Defence Affordability ;  Defence Modernization ;  Naval Cost