“COVID-19” Pandemic: Rethinking Defence Spending in Bulgaria

Authors

  • Senior Assist. Prof. Dr Atanas Dimitrov Department of National and Regional Security, Faculty of Economics of Infrastructure, UNWE Author

DOI:

https://doi.org/https://doi.org/10.37075/YB.2021.1.02

Keywords:

Defence spending, Pandemic, COVID-19, Military expenditures, Defence budget
F50, H56, H60

Abstract

This paper investigates defence spending in Bulgaria in the context of the COVID-19 pandemic. It analyses military expenditures on both regional and national scales and tries to compare the post-financial and economic crisis period of the first decade of the 21st century to the current pandemic situation. The paper argues that it is unlikely that the ever evolving threat landscape will lead to a significant decrease in defence spending, while requiring its rethinking in Bulgaria with a focus on investments in technologies and related activities. Due to the ongoing pandemic and the fact that relatively little time has passed since its emergence, part of the conclusions drawn are primarily prospective in nature.

References

D Dimitrov (1999). Civil-Military relations and defence budgeting in Bulgaria. URL: https://www.files.ethz.ch/isn/92875/HarmoniePaper06.pdf

Dunne J. Paul and Tian Nan (2013). Military expenditure and economic growth: A survey. The Economics of Peace and Security Journal, 8(1). DOI: https://doi.org/10.15355/epsj.8.1.5

Herrera Rémy and Gentilucci Eleonora (2013). Military spending, technical progress, and economic growth: a critical overview on mainstream defense economics. Journal of Innovation Economics & Management, 2(2), 13-35. DOI: https://doi.org/10.3917/jie.012.0013

R Ram - Handbook of defense economics, 1995 (1995). Defense expenditure and economic growth. Handbook of defense economics (Ed. NA), pp. 251-274. URL: https://www.sciencedirect.com/science/article/pii/S1574001305800122

ATH Tan (2020). Research handbook on the arms trade. Edward Elgar Publishing. URL: https://books.google.com/books?hl=en&lr=&id=Hi0NEAAAQBAJ&oi=fnd&pg=PR1&dq=Research+Handbook+on+the+Arms+Trade+Tan&ots=wBbGb-kaku&sig=k_9_MsqdeDSFt2RDt0swFCLBWb4

Downloads

Published

2021-12-22

Issue

Section

Articles

How to Cite

Dimitrov, A. (2021). “COVID-19” Pandemic: Rethinking Defence Spending in Bulgaria. UNWE Yearbook, 1, 25-39. https://doi.org/https://doi.org/10.37075/YB.2021.1.02