ID | 171006 |
Title Proper | Human Capital and National Security |
Language | ENG |
Author | Tishler, Asher ; Pecht, Eyal ; Bar-El, Ronen |
Summary / Abstract (Note) | This study evaluates the relationship between a country’s human capital and its capacity to achieve, over time, effective national security. We show that an increase in the importance that a country attributes to its future, and/or in the effectiveness of its education system, leads to a decline in its current civilian services but to increases in its future human capital, civilian services, national security, and social welfare. Data for the Israeli-Iranian arms race confirm our predictions and show that a predilection for short-term political or personal gains impedes investment in human capital and inhibits future economic growth, national security and social welfare. |
`In' analytical Note | Defence and Peace Economics Vol. 31, No.2; March 2020: p.121-141 |
Journal Source | Defence and Peace Economics Vol: 31 No 2 |
Key Words | National Security ; Education ; Arms Race ; Human Capital ; Budget Allocation |