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Author: Hossein Askari
Publisher: University of Texas at Austin, Bureau of Business Research
ISBN:
Category : Political Science
Languages : en
Pages : 84
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Book Description
Author: Hossein Askari
Publisher: University of Texas at Austin, Bureau of Business Research
ISBN:
Category : Political Science
Languages : en
Pages : 84
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Book Description
Author: James E. Payne
Publisher: Routledge
ISBN: 0429715684
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Author: Daniel L. Landau
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 55
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Author: Mr.Daniel P. Hewitt
Publisher: International Monetary Fund
ISBN: 1451847424
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
This paper analyzes trends in world military expenditure by examining the shares of different country groups and the ratio to GDP of individual nations. The coverage is military expenditures in 125 countries from 1972 to 1988. The study also compares military expenditures as a proportion of central government expenditures; analyzes the budgetary trade-off between military, social, and development expenditures; and discusses the impact of military expenditures on economic development.
Author: Christian Schmidt
Publisher: Springer
ISBN: 1349089192
Category : Business & Economics
Languages : en
Pages : 391
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Book Description
Author:
Publisher:
ISBN:
Category : Armed Forces
Languages : en
Pages : 104
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Book Description
Author: Delano Villanueva
Publisher: International Monetary Fund
ISBN: 1451847335
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
Although conventional wisdom suggests that reducing military spending may improve a country’s economic growth performance, empirical studies have produced ambiguous results. This paper extends a standard growth model and estimates it using techniques that exploit both cross-section and time-series dimensions of available data to obtain consistent estimates of the growth-retarding effects of military spending via its adverse impact on capital formation and resource allocation. Model simulations suggest that a substantial long-run “Peace Dividend”--in the form of higher capacity output--may result from: (i) markedly lower military expenditure levels achieved in most regions during the late 1980s; and (ii) further military spending cuts that would be possible in the future if a global peace could be secured.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 128
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Book Description
This report presents an exploration of the historical relationship between national economic growth and military expenditures in five "great power" countries: Germany, France, Russia, Japan, and the United States. Using statistical as well as case study methodologies, it examines how each country's military expenditures responded to increases in output levels and rates of growth over the period 1870-1939 and proposes plausible explanations for the relationship in each country. If the historical experience holds true, economic growth in some of the present-day candidates for great-power status will spur them to increase their rate of military expenditure growth and, as a result, their military capabilities. As we show, however, each country is unique, and strong economic growth by no means implies automatic expansion of military spending or capabilities. In fact, the historical record suggests that perceived threats from abroad may be the most significant factor contributing to increases in military expenditure in potential great powers. This distinction is important because policies designed to deter foreign military expansions motivated by ambition may have perverse effects if foreign military expansions are in fact motivated by fear. This report should be of particular interest to policymakers concerned about the prospect of increased military expenditures by large and rapidly growing economies. The research was sponsored by the Deputy Chief of Staff for Intelligence and was conducted in RAND Arroyo Center's Strategy, Doctrine, and Resources Program. The Arroyo Center is a federally funded research and development center sponsored by the United States Army.
Author: Saadet Deger
Publisher: Stockholm International Peace Research Institute
ISBN: 9780198291411
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
The purpose of this book is to analyse world military expenditure at the end of the 1980s, and to discuss its political and economic implications. After a decade of unprecedented expansion of international military spending, its level is falling, though modestly. Political developments in Europe and the success of arms control negotiations raise hopes for further reductions. In addition, technological and economic structural disarmament is adding to the pressure for reductions. However, performance has not matched up to promises, and formidable obstacles to defence spending limitations still remain. Military Expenditure surveys recent events and describes the process of change that characterizes international military expenditure, and its determinants, at this time of transformation.
Author: Alex Mintz
Publisher: Routledge
ISBN: 1134903324
Category : Political Science
Languages : en
Pages : 345
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Book Description
Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.
