| SLOUF, Vlastimil, Martin BLAHA, Ondrej PEKAR, Lenka BRIZGALOVA a Vojtěch MÜLLNER. AN ALTERNATIVE MODEL FOR DETERMINING THE RATIONAL AMOUNT OF FUNDS ALLOCATED TO DEFENCE OF THE CZECH REPUBLIC IN CONDITIONS OF EXPECTED RISK. OBRANA A STRATEGIE-DEFENCE & STRATEGY. BRNO: UNIV DEFENCE, CENTER SECURITY & MILITARY STRATEGIC STUDIES, 2023, roč. 23, č. 1, s. 149-172, 22 s. ISSN 1214-6463. Dostupné z: https://dx.doi.org/10.3849/1802-7199.23.2023.01.149-172. |
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@article{2359098,
author = {Slouf, Vlastimil and Blaha, Martin and Pekar, Ondrej and Brizgalova, Lenka and Müllner, Vojtěch},
article_location = {BRNO},
article_number = {1},
doi = {http://dx.doi.org/10.3849/1802-7199.23.2023.01.149-172},
keywords = {Public Good; Defence Expenditure; Real Fixed Assets; Rational Expenditure; Fair Insurance},
language = {eng},
issn = {1214-6463},
journal = {OBRANA A STRATEGIE-DEFENCE & STRATEGY},
title = {AN ALTERNATIVE MODEL FOR DETERMINING THE RATIONAL AMOUNT OF FUNDS ALLOCATED TO DEFENCE OF THE CZECH REPUBLIC IN CONDITIONS OF EXPECTED RISK},
volume = {23},
year = {2023}
}
TY - JOUR
ID - 2359098
AU - Slouf, Vlastimil - Blaha, Martin - Pekar, Ondrej - Brizgalova, Lenka - Müllner, Vojtěch
PY - 2023
TI - AN ALTERNATIVE MODEL FOR DETERMINING THE RATIONAL AMOUNT OF FUNDS ALLOCATED TO DEFENCE OF THE CZECH REPUBLIC IN CONDITIONS OF EXPECTED RISK
JF - OBRANA A STRATEGIE-DEFENCE & STRATEGY
VL - 23
IS - 1
SP - 149-172
EP - 149-172
PB - UNIV DEFENCE, CENTER SECURITY & MILITARY STRATEGIC STUDIES
SN - 12146463
KW - Public Good
KW - Defence Expenditure
KW - Real Fixed Assets
KW - Rational Expenditure
KW - Fair Insurance
N2 - The present paper presents an alternative approach to determining rational defence spending of the Czech Republic concerning the evolution of a society's wealth, expressed in terms of the financial valuation of tangible fixed assets. The authors describe the view that the government's stated commitment to defence spending of 2% is a political decision that does not reflect the impact of the wealth achieved by society, the likelihood of an attack by a foreign power, and the expected level of damage caused by an attack. The authors present a model for determining rational defence spending based on the fair insurance model. The authors conclude that the rational expenditure on the defence of the Czech Republic's wealth should be between 3.5% and 4.2% of GDP.
ER -
SLOUF, Vlastimil, Martin BLAHA, Ondrej PEKAR, Lenka BRIZGALOVA a Vojtěch MÜLLNER. AN ALTERNATIVE MODEL FOR DETERMINING THE RATIONAL AMOUNT OF FUNDS ALLOCATED TO DEFENCE OF THE CZECH REPUBLIC IN CONDITIONS OF EXPECTED RISK. \textit{OBRANA A STRATEGIE-DEFENCE \&{}amp; STRATEGY}. BRNO: UNIV DEFENCE, CENTER SECURITY \&{}amp; MILITARY STRATEGIC STUDIES, 2023, roč.~23, č.~1, s.~149-172, 22 s. ISSN~1214-6463. Dostupné z: https://dx.doi.org/10.3849/1802-7199.23.2023.01.149-172.
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