Some of the current issues of theory of war financing (what do we finance the war from?)

  • Gábor Bencsik National University of Public Service, Doctoral School of Military Engineering, PhD https://orcid.org/0000-0002-1394-6765
  • László Király Hungarian Association of Military Science
Keywords: war finances, hyperinflation, perpetual bond (consol)

Abstract

The issue of financing the periods of wars raises recurring issues from time to time, with a strong influence and impact on the national economy. Although there are alternative solutions for raising military expenditure, they cannot be considered a winwin situation in the system of relations between the state and economic actors. In this paper, we provide the reader with an insight into the solutions seen and experienced in the recent past, as well as an alternative solution that is used in fear.

Published
2020-12-31
Section
Defence Economy