Fiscal Fetters: The Economic Imperatives of National Security in a Time of Austerity
Abstract
This article draws together two crucial policy areas -- national security strategy and economic policy. Successful interaction of these two policy spheres would simultaneously protect America's prosperity and promote its political and economic interests around the world. But herein lies the real dilemma -- How can the United States afford these policies in an age of austerity? How can such a strategy be funded in the wake of the global economic crisis? How can policymakers justify this at a time when there is less money available to fulfill domestic social obligations? To address these questions, the article examines the U.S. fiscal condition with a focus on the consequences for security budgets that will stem from future spending restraint or financing debt. Next, the article discusses the relationship between economics and national security, how that relationship is embodied in the current global economic system, and the primary challenges the United States faces in dealing with this situation. Finally, the article argues that to avoid a moment of "geopolitical triage," the United States will need to better align its military commitments to more closely match available resources, especially in manpower-intensive operations. As part of this strategy, the United States should expand its efforts to support multilateral security and economic institutions and better integrate our allies and other countries into the effective management of regional security issues and the governance of the international economy.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2012
- Accession Number
- ADA569580
Entities
People
- Mark Duckenfield
Organizations
- Air War College