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Cover for Ruger Workshop Paper Number 5 Economics and Security: Resourcing National PrioritiesNEWPORT, R.I. - A new Naval War College (NWC) monograph on "Economics and Security: Resourcing National Priorities," for a workshop conducted earlier this year, is now available online.

The William B. Ruger Chair of National Security Economics, Dr. Richmond Lloyd, presented the workshop to provide a collegial forum for a small and select group of national security professionals to evaluate and recommend economic and security choices for the future. 
Panels addressed economics and security; federal budget: resourcing national priorities; quadrennial defense review; defense budget and risks; land and special operations forces; air and maritime forces; and strategic nuclear, space and cyber forces.

The monograph includes the following papers:

Economics and Security: The Evolving Global Geopolitical Equilibrium
Dr. Ronald Findlay, Ragnar Nurkse Professor of Economics, Economics Department, Columbia University
U.S. Security in a Changing Global Economy: The Worst of Both Worlds?
Dr. Mathew J. Burrows, Counselor and Director, Analysis and Production Staff, National Intelligence Council
Addressing the Federal Deficit and Debt
Michael Ettlinger, Vice President for Economic Policy, Center for American Progress

The Way Out of the Fiscal Hole: An Economist Mom’s Perspective
Dr. Diane Lim Rogers, Chief Economist, The Concord Coalition

What the Quadrennial Defense Review Tells Us about Ends and Means
Dr. Patrick M. Cronin, Senior Advisor and Senior Director, Asia-Pacific Security Program, Center for a New
American Security

QDR 2010: What Exactly Was the Point?
Dr. Kori Schake, Research Fellow, Hoover Institution

The Dynamics of Defense Budget Growth, 1998–2011
Carl Conetta, Co-director, Project on Defense Alternatives

The New Guns Versus Butter Debate
Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments
The Future of U.S. Ground and Special Operations Forces: One Proposal
Dr. T. X. Hammes, Senior Research Fellow, Institute for National Security Studies, National Defense University

Resourcing America’s Land Forces
Dr. Fredrick W. Kagan, Resident Scholar, American Enterprise Institute

American Airpower in the 21st Century: Reconciling Strategic Imperatives with Economic Realities
Major General Charles J. Dunlap, Jr., U.S. Air Force

An Analysis of the Force Structure Implications and Costs of the Navy’s Fiscal Year 2011 Shipbuilding Plan
Dr. Eric J. Labs, Senior Analyst for Naval Forces and Weapons, Congressional Budget Office

Programs vs. Resources: Some Options for the Navy
Ronald O’Rourke, Specialist in Naval Affairs, Congressional Research Service

Investing in Nuclear Weapons
Amy F. Woolf, Specialist in Nuclear Weapons Policy, ongressional Research Service

Economics and Security: Resourcing National Priorities—The U.S. Space Program
Ms. Marcia S. Smith, President, Space and Technology Policy Group

Wringing Deterrence from Cyberwar Capabilities
Dr. Michael C. Libicki, Senior Management Scientist, RAND Corporation

The participants considered that the nation is in the ninth year of war since 9/11. The nation is struggling to recover from the great recession with unemployment at over ten percent.  The proposed fiscal year 2011 federal budget is $3.8 trillion with a deficit for this year of $1.6 trillion, about 11 percent of GDP. While the intent is to reduce deficits over time, deficits never fall below 3.6 percent and begin turning up again, reaching 4.2 percent by 2020. The national debt climbs from 63.6 percent of GDP in 2010 to 77.2 percent of GDP in 2020. The challenge is to set a path which furthers economic recovery in the short term and sets the stage for sustainable economic growth in the future. The 2010 Quadrennial Defense Review examines Department of Defense strategies and priorities and rebalances strategies, capabilities and forces. The proposed fiscal year 2011 defense budget is $549 billion with an additional $159 billion for operations primarily in Afghanistan and Iraq. Even given these resource levels, the Department of Defense faces significant strategic and force choices as it attempts to deal with today’s conflicts and tomorrow’s threats.

A number of the papers in the monograph are to be used in the upcoming National Security Decision Making senior course at NWC.  Hard copies of the monograph will be available in late October and will be distributed throughout the national security community.

Past Ruger Workshop Papers are also available online.

From Naval War College Public Affairs