A handbook of defence economics

DETAILS: 

• Author: S. C. Narang 
  
• Publisher: ‎ Prashant Publishing House
  
• Publication date: ‎ 1 January 2012
  
• Language: ‎ English
  
• Print length: ‎ 294 pages
  
• ISBN-10: ‎ 9380565275
  
• ISBN-13: ‎ 978-9380565279
  
• Item Weight‏: ‎ 550 g

ABOUT THE BOOK

A Handbook of Defence Economics, authored by the veteran strategist and military analyst Col. (Retd.) S. C. Narang, is an intensive study mapping the intersection of national security, fiscal policy, and military asset allocation. Published by Prashant Publishing House, this manual serves as an essential guide for defense studies students, military officers at war colleges, and strategic public policy architects. The core philosophy of this text centers on fiscal realism and optimal deterrence—arguing that a nation's military power is fundamentally bound by its macroeconomic resilience, and that true defense preparedness requires balancing military modernization against the economic well-being of the state.

ABOUT THE AUTHOR

Col. (Retd.) S. C. Narang is an elite Indian military veteran and defense scholar whose extensive publications—including An Outlook of India's Defence Strategy and India's Ballistic Missiles Defence—provide authoritative insights into regional geopolitics and military history. His field experience brings practical, operational ground realities directly to abstract macroeconomic planning models.

Col. Narang’s authorial and critical style is exceptionally pragmatic, objective, and policy-driven. Writing with the directness of a veteran staff officer, he moves past idealized strategic assumptions to focus on hard resource limits, structural procurement delays, and technological dependencies. His prose flows through tightly integrated paragraphs rather than fragmented summaries, using smooth transitions to connect macro-level fiscal policies directly with tactical field capabilities. By balancing deep respect for armed forces requirements with an understanding of national financial constraints, his handbook remains an indispensable reference standard for university security departments, military academies, and national policy institutes.