What Are The Opportunity Costs Of NOT Providing For National Security Your Posting Can Examine – Assignment Example
Opportunity costs of NOT providing for national security The primary role of government is to offer security to its citizens and any other foreign persons residing within its geographical boundaries. The basis of law and order defines the conducive status of any social environment for economic and political progress. However, the cost of achieving national security is always reflected in increased fiscal burden on the government. Business activities, social institutions and political affairs are always undertaken with significant investment in national security. Although the monetary cost of abdicating the national security responsibility is significant, the opportunity cost is exorbitant.
One of the monetary opportunity cost of not offering national security has to do with reduced foreign direct investment and local entrepreneurship. Reluctance towards national security increases the level of risk from engaging in business activities due to predisposition to theft, burglary among other violent criminal activities. In this respect, the government revenues from tax on business enterprises will fall and translate to strained government operations (Kugler 182). Besides, the retarded investment activities from locals and foreigners out of threat of insecurity increases the level of unemployment hence reduced national income per capita.
Insecurity in the contemporary world of increased incidences of terrorism besides local criminal outfits bolsters social instability. Safety of the citizens and visitors is always at stake and this contravenes the fundamentals of the constitution (Kugler 187). In the long run, the government risk mutiny which will eventually destabilize the state. This is one of the non-monetary costs incurred by the government in an attempt to cut down security budget.
Kugler, Richard L. Policy Analysis in National Security Affairs: New Methods for a New Era. Washington, D.C: National Defense Univ. Press, 2006. Print.