Economic Assessments for Stability Operations
Abstract
Stability operations are paramount to long-term success in attaining U.S. national interests. Support to Economic and Infrastructure Development is one of the five major stability tasks identified in FM 3-07, Stability Operations. Military planners need a strategic-level economic assessment and impact statement to effectively plan and execute a successful strategy. This assessment, which must occur prior to initiating operations, should be both evaluative and predictive, assessing Host Nation (HN) economic capacity and predicting the impact of U.S. operations on the HN economy. This strategic economic assessment must draw upon the varying perspectives and expertise of multiple U.S. agencies, including the Department of State, Treasury, and U.S. Agency for International Development (USAID) as well as international organizations, and appropriate foreign ministries. Army financial managers must be well versed in economic considerations so as to provide sound recommendations to the commander. This paper suggests a framework for a comprehensive strategic-level economic assessment, focusing attention on the key questions to be answered regarding financial and resource management in Stability Operations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 18, 2011
- Accession Number
- ADA560334
Entities
People
- Andrew Mcconachie
Organizations
- United States Army War College