A New View on Social Adaptation of the Military, Discharged From Military Service in Bulgaria

Oxford Review of Economic policy, 2017, No №1 (33), pp. 997-1024

28 Pages Posted: 27 Jul 2018

See all articles by Venelin Terziev

Venelin Terziev

Vasil Levski National Military University; University of Ruse

Multiple version iconThere are 6 versions of this paper

Date Written: 2017

Abstract

The thesis resulting from the research on the “costs-effects” relation is the principle of economic efficiency of defence capabilities. At first glance, the arguments in this direction are well-known and popular in crisis situations of various nature, including the current financial and economic crisis in the country, the question about the cost of public welfare - security and defence is debatable. This cost is manifested through the defence capabilities of a country. In the new security environment, the compilation of a National Defence Strategy is a priority of the Defence Ministry, which has more and more limited resources. This means that they should be treated as an economic activity. An economic activity is considered “any purposeful activity, allocating and combining scarce resources among alternatives, making it possible to maximize the outcomes and minimize costs”. The ratio between the costs and benefits of a given resource or combination of resources to achieve a pre-defined objective is pushed to the forefront and the rationalization of management decisions is based on it. This necessitates a cost effectiveness analysis hence the evaluation of the outcomes (benefits) is manifested in the “cost-effect (benefit)” analyses.

Keywords: social work, social management, social adaptation of military

JEL Classification: P00, H56

Suggested Citation

Terziev, Venelin, A New View on Social Adaptation of the Military, Discharged From Military Service in Bulgaria (2017). Oxford Review of Economic policy, 2017, No №1 (33), pp. 997-1024. Available at SSRN: https://ssrn.com/abstract=3153551 or http://dx.doi.org/10.2139/ssrn.3153551

Venelin Terziev (Contact Author)

Vasil Levski National Military University ( email )

Veliko Tarnovo
Bulgaria
0035982820982 (Phone)

University of Ruse ( email )

8 Studentska Street
Ruse, 7017
Bulgaria

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