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The Full Costs of Ballistic
Missile Defense
This report,
edited by Richard Kaufman, with chapters by Rodney Jones,
David Gold, and William Cox, outlines the full costs of a
multi-layered ballistic missile defense system with land,
sea, air, and space-based components. The report notes that
"If a goal of full deployment of ground, sea and air-based
systems by 2015 is to be met, half the costs -- about $500
billion -- could be incurred in the next 13 years. . . . Under
this demanding schedule, spending must increase very rapidly.
. . reaching perhaps. . . $50 billion by 2007." If the
military budget were not increased to cover spending on BMD,
"then BMD would displace nearly 6% of other defense spending
by 2005 and more than 12% from 2007 through 2011," according
to the report. Drs. Kenneth J. Arrow and Lawrence R. Klein
served as economic advisors to the project team.
Preface
(by Kenneth J. Arrow0
Executive
Summary
Introduction
The Full
Costs of Ballistic Missile Defense (full version in .pdf)
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