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dc.contributor.authorBrück, Tilmanen_US
dc.date.accessioned2009-01-28T15:40:44Z-
dc.date.available2009-01-28T15:40:44Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/18308-
dc.description.abstractThis paper analyses public policy choices in the security economy from an economic perspective. It discusses the role of public goods for national and global security and identifies the importance of the first- and second-order indirect effects of insecurity on economic activity, which include the behavioural responses of agents and the government to security measures, akin to such effects in insurance economics. Furthermore, key public policy trade-offs are outlined, in particular between security and efficiency, globalisation, equity and freedom. The analysis identifies suitable policy options for raising security in the national and international contexts and in view of these trade-offs. A suitable balance between market and non-market instruments in achieving security should be aimed for to minimise the adverse effects of aiming for higher security. In addition, the public good nature of security implies that international coordination of security policies is important, despite this process being itself fraught with enforcement problems.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDIW-Diskussionspapiere 456en_US
dc.subject.jelH40en_US
dc.subject.jelK40en_US
dc.subject.jelD74en_US
dc.subject.ddc330en_US
dc.subject.keywordcollective goodsen_US
dc.subject.keywordpublic policyen_US
dc.subject.keywordregulationen_US
dc.subject.keywordrisken_US
dc.subject.keywordsecurityen_US
dc.subject.keywordterrorismen_US
dc.titleAn Economic Analysis of Security Policiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn47242954Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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