In This Review
Constraints on Strategy: The Economics of Western Security

Constraints on Strategy: The Economics of Western Security

Edited by David B. H. Denoon

Pergamon-Brassey's, 1986, 251 pp.
The Challenge to European Industrial Policy: Impacts of Redirected Military Spending

The Challenge to European Industrial Policy: Impacts of Redirected Military Spending

By Bernard Udis

Westview Press, 1987, 154 pp.

The economic basis of security and the effects of defense spending on national economies are old but ever-present subjects for research and debate. Forecasting economic growth, the contributors to Denoon's volume see the biggest strains arising in Western Europe and discuss the ways the United States and its allies can best cope. Udis is principally concerned with policies to redirect business activity as defense expenditures fall. These are useful books but they raise as many questions as they answer.