Citation

Hartley K. Def. Peace Econ. 1997; 8(1): 17-35.

Copyright

(Copyright © 1997, Informa - Taylor and Francis Group)

DOI

10.1080/10430719708404867

PMID

unavailable

Abstract

Since 1945 the UK has changed from Great Power to leading nation status. The stylised facts are outlined and the determinants of UK defence spending are analysed using social welfare and public choice models. The military criteria for leading nation status are considered and the costs of such status are estimated. The conclusion suggests a possible UK defence budget for a medium-size economy.