The paper reconsiders the relative efficiency of the draft versus the professional army in the case where countries belong to different risk classes. We refute the earlier result that the welfare with a draft is always lower than with a professional army. The welfare comparison is shown to depend on the national security determined by the risk class of the
country. The existence of the reserve strengthens the case for the draft army. We use Israel, Finland, and Sweden as examples of countries which belong to different risk classes with different approaches to the optimal national defense.
|Name||HECER Discussion Paper|
- 511 Economics
- national security, draft, professional army, education
- Equis Base Room