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ID171006
Title ProperHuman Capital and National Security
LanguageENG
AuthorTishler, 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 NoteDefence and Peace Economics Vol. 31, No.2; March 2020: p.121-141
Journal SourceDefence and Peace Economics Vol: 31 No 2
Key WordsNational Security ;  Education ;  Arms Race ;  Human Capital ;  Budget Allocation


 
 
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