The Current State and Prospects in the Field of Financial Sources Designated for MoD Department

Abstract:

In fact, financial resources together with human and material resources belong to the category of "defence resources". They hold a special position in defence system as financial resources are the multiplier of other sources, forming background for the effort of military commanders and leaders. This situation is caused by one simple fact: without the existence of financial resources there is no way how to pay for both human and material assets. This study describes present conditions and prospects of economical development in the word, as well as in the Czech Republic, during the period from 2000 to 2009. The article further analyses development of armed forces financial requirements, funding trends, and identifies factors that are going to determinate future military expenditures.

Ing. Lenka Brizgalová, Ph.D., born in 1970, graduate of the Faculty of Economics at the Transportation a Communication College in Žilina. In the period 1993-2004 she was a lecturer at the Land Forces Military College in Vyškov. Since 2004 she acts at the University of Defence in Brno as an assistant professor. She deals with microeconomics, history of economic theory, military expenditures, the convergence process and the introduction of the single currency Euro. She is the co-author of several specific research.

Country: Czech Republic

21/12/2012

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