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Keeping the sea lanes open: a cost–benefit analysis

17 Mar 2016
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Defence and economics mix in ways that aren’t considered by military strategists

ONE OF the convictions that drives military policy in the developed world is a shared belief in the importance of keeping sea lanes open. For the authors of Australia’s white paper on defence, released to a generally favourable reaction earlier this month, freedom of the seas self-evidently justifies the expenditure of $150 billion or more on new submarines. The only real controversy arises from the second-order question of whether the task requires a rushed replacement of our existing fleet or a slower and more careful response…

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2016
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