Routledge Handbook of Defense Economics

Adem Yavuz Elveren is a Professor of Economics at Fitchburg State University, Massachusetts, US and Izmir University of Economics, Türkiye. He earned his Ph.D., MA, and BA degrees in Economics at the University of Utah, Boston University and Ankara University, respectively. He is the author of Heterodox Economics of Military Spending (Routledge 2025), The Economics of Military Spending A Marxist Perspective (Routledge, 2019), Brain Drain and Gender Inequality in Turkey (Palgrave Pivot, 2018), and the co-editor of Gender and Society in Turkey: The Impact of Neo-Liberal Policies, Political Islam and EU Accession (IB Tauris, 2012).

• 1: Introduction: Expanding Borders of Defense Economics in Defense of the World. Section 1: A Conceptual, Historical and Bibliometric Review. 2: Defense Output: What is Produced by Military Expenditure? 3: Understanding Peace Economics. 4: Reflections on Economists' Contributions to the Analysis of War. 5: Trends of Global Military Expenditures. 6: The Data Infrastructure behind Defense Economics. 7: The Economics of Defense, Peace, War, and Conflict: A Bibliometric Analysis of the Field's Leading Journals. Section 2: Causes and Consequences of Military Spending. 8: The Security Trilemma. 9: The Demand for Military Spending. 10: New Directions in the Arms Trade: Multipolarity and the Rise of the South. 11: The U.S. Military Contractors: Their Roles and Impact. 12: Militarism and Masculinities. 13: The Political Economy of Militarization of Police and Private Securities. 14: The Economic Costs of Conflict. 15: A Critical Review of Econometric Models on Military Spending and Growth. 16: Military Expenditures and Economic Growth. 17: The Impact of Military Spending on Growth: More Evidence. 18: Military Expenditure, Fiscal Trade-offs, and Social Investment: Revisiting the Crowding-Out Hypothesis in the Global South. 19: The Military-Social Spending Tradeoff Index. 20: Emissions Impossible: Militarism, Technology, and Climate Change. 21: Global Militarization and Sustainable Development: Long-Run Trends and Trade-Offs. Section 3: War, Conflict and Peace Theories. 22: New Mercantilism in the 21st Century. 23: The Political Economy of Just War Theory. 24: Peace Building Strategy: Lessons from some Misconceived Foreign Interventions. 25: Economic Foundations of Cybersecurity Games. 26: Terrorism and Contemporary Political Economy: Democracy, Socio-Economic Conditions, and Migration. 27: Natural Resource Rents and Causes of Ethnic Grievances: Blockchain Technology for Resources Allocation. 28: The War in Ukraine and the Return to Industrial Warfare in Europe. 29: Militarization in the Middle East: Security Practices, Political Economy, and the Limits of Arms-Centric Order. 30: Military Welfare Versus People's Welfare and the Role of Collective/Public Sentiments: An Introduction to Social Quantum Field Theory. Section 4: The Future of Defending The World. 31: The True Costs of Militarization: Alternative Economic Insights. 32: Venture Capital, the Tech Industry, and the Specter of Militarized AI. 33: Space Defense Policy. 34: Reflections on the "Peace as a Global Public Good" discourse in Peace Economics Research. 35: After the Fighting Stops: Education for Peace…..and War? 36: Future of Global Military Spending and Defense Economics: Interviews with Linda Bilmes, Cynthia Enloe, James K. Galbraith, Christos Kollias, and Massimo Pivetti. Index.

This Handbook comprising some of the world’s leading scholars is an original and timely contribution to knowledge in this important but under-researched field. It addresses such key questions as what does military spending produce and what are the costs of war? It is highly recommended for all scholars in the field.Keith Hartley, Emeritus Professor of Economics, University of York.