Financial Provisioning – Basis of Strategic Decisions of the Management of Resources for Security and Defence
IN: The 21th International Conference The Knowledge-Based Organization, "Nicolae Balescu" Land Forces Academy, Sibiu, Romania, 2015
6 Pages Posted: 8 May 2018
Date Written: 2015
The strategic decisions defining what defence capabilities are necessary for our country in response to the dynamic changes in the security environment are directly related to the question of How much? What is the price that taxpayers should pay for the creation and development of those capabilities? Since security and defense constitute a public good whose creation is entirely dependent on the economic potential, on the GDP of the country, the manifestation of the price of that good is the budget of the Defence Ministry. This calls for the implementation of a system and tools, appropriate for budget resource management in order to ensure the increase of the added value of defence capabilities.
Keywords: management, management of resources for security and defence, finance management
JEL Classification: H55, H56
Suggested Citation: Suggested Citation