What Price Security?

This article presents a critique of the Copenhagen Consensus Center's(CCC) exhaustive study on transnational terrorism, published in 2008.The implications of this study are controversial, yet highly relevant in today's economic environment. The Obama administration must come toterms with f...

Full description

Bibliographic Details
Main Author: Donald C. Masters
Format: Article
Language:English
Published: Henley-Putnam University 2009-01-01
Series:Journal of Strategic Security
Subjects:
Online Access:http://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=1058&context=jss
_version_ 1818111516845539328
author Donald C. Masters
author_facet Donald C. Masters
author_sort Donald C. Masters
collection DOAJ
description This article presents a critique of the Copenhagen Consensus Center's(CCC) exhaustive study on transnational terrorism, published in 2008.The implications of this study are controversial, yet highly relevant in today's economic environment. The Obama administration must come toterms with fiscal realities that will challenge budget priorities and invigorate what will undoubtedly prove to be tough negotiations on Capitol Hill for homeland security dollars. It is proposed here that standard economic tools such as benefit cost analysis, cost effectiveness criteria, and simulation models can help identify areas where security can be either extended or improved using fewer resources. Greater movement towards competitive procurement practices will also result in lower costs and higher returns on security investments.
first_indexed 2024-12-11T03:04:17Z
format Article
id doaj.art-e937c6f59b274e2a9f38a8de4bc9a289
institution Directory Open Access Journal
issn 1944-0464
1944-0472
language English
last_indexed 2024-12-11T03:04:17Z
publishDate 2009-01-01
publisher Henley-Putnam University
record_format Article
series Journal of Strategic Security
spelling doaj.art-e937c6f59b274e2a9f38a8de4bc9a2892022-12-22T01:22:59ZengHenley-Putnam UniversityJournal of Strategic Security1944-04641944-04722009-01-01233342What Price Security?Donald C. MastersThis article presents a critique of the Copenhagen Consensus Center's(CCC) exhaustive study on transnational terrorism, published in 2008.The implications of this study are controversial, yet highly relevant in today's economic environment. The Obama administration must come toterms with fiscal realities that will challenge budget priorities and invigorate what will undoubtedly prove to be tough negotiations on Capitol Hill for homeland security dollars. It is proposed here that standard economic tools such as benefit cost analysis, cost effectiveness criteria, and simulation models can help identify areas where security can be either extended or improved using fewer resources. Greater movement towards competitive procurement practices will also result in lower costs and higher returns on security investments.http://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=1058&context=jssCounterterrorismEconomicsHomeland securityNational securitySecurity policySecurity studies
spellingShingle Donald C. Masters
What Price Security?
Journal of Strategic Security
Counterterrorism
Economics
Homeland security
National security
Security policy
Security studies
title What Price Security?
title_full What Price Security?
title_fullStr What Price Security?
title_full_unstemmed What Price Security?
title_short What Price Security?
title_sort what price security
topic Counterterrorism
Economics
Homeland security
National security
Security policy
Security studies
url http://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=1058&context=jss
work_keys_str_mv AT donaldcmasters whatpricesecurity