Market Effects of Naval Presence in a Globalized World
Abstract
Over the years, one of the more illusive questions posed to and by the Navy concerns the economic benefits to the United States and allied countries provided by U.S. Naval forward presence. While most authorities on the subject contend that these benefits are significant, their measurement has always been fraught with conceptual and computational difficulties. The greatest difficulty has always involved developing a convincing counterfactual?what would the state of affairs been in the absence of forward deployed naval forces? Background The issue came to the fore in preparing for the Congressionally-mandated 1997 Quadrennial Defense Review. Early on in the QDR, Navy leaders asked if the economic benefits of forward engaged naval forces could be quantified and thereby communicated to policy makers. Until this point, the only evidence of such benefits was anecdotal (Cf. System Planning Corporation, 1996). At that time the Naval Postgraduate School was tasked by N8C-N81-N3/N5 to develop new methodologies directed toward the quantification of thee benefits.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2002
- Accession Number
- ADA526130
Entities
People
- Robert E. Looney
Organizations
- Naval Postgraduate School