Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 145184851X
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
The decline in military spending that began in the mid-1980s continued through 1995, and this decline was widespread both geographically and by level of development. Cuts in military spending appear to have potentially important implications for nonmilitary spending and fiscal adjustment. In contrast to findings for previous periods, military spending has declined more than proportionately in those countries that have reduced total spending. Countries with Fund programs have reduced military spending more sharply than other developing countries, largely reflecting outcomes in the transition economies. Further, military spending appears to have been less resilient in program countries than other developing countries.
Author: Jerald Schiff
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
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Book Description
The decline in military spending that began in the mid-1980s continued through 1995, and this decline was widespread both geographically and by level of development. Cuts in military spending appear to have potentially important implications for nonmilitary spending and fiscal adjustment. In contrast to findings for previous periods, military spending has declined more than proportionately in those countries that have reduced total spending. Countries with Fund programs have reduced military spending more sharply than other developing countries, largely reflecting outcomes in the transition economies. Further, military spending appears to have been less resilient in program countries than other developing countries.
Author: Sanjeev Gupta
Publisher:
ISBN:
Category : Armed Forces
Languages : en
Pages : 48
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Author: Sanjeev Gupta
Publisher:
ISBN:
Category : Armed Forces
Languages : en
Pages : 36
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Book Description
The purpose of this paper is to review recent developments in military expenditures worldwide and for different country groups, present a preliminary analysis of the effect of changes in military spending on other expenditures and fiscal stance, and assess the resilience of military spending in the face of fiscal adjustment.
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:
Publisher:
ISBN:
Category : Armed Forces
Languages : en
Pages : 796
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Book Description
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: Daniel P. Hewitt
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
World military expenditures have fallen by over 20 percent in proportion to GDP from 1985 to 1990. This study examines the determinants of military expenditures in 125 countries during 1972-90 to ascertain what factors may be behind the recent decreases. Economic decline among developing countries in the 1980s and among industrial countries in the later part of the decade emerges as one possible factor. A second is the move towards more democratic regimes, which could diminish support for the military. A third factor is the improved world security situation and the concomitant decrease in military aid by the former major cold war combatants.
Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 151350987X
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
This paper studies the evolution of worldwide military spending during 1970-2018. It finds that military spending in relation to GDP is converging, but into three separate groups of countries. In the largest group, responsible for 90 percent of worldwide spending, outlays have remained stubbornly high. Military spending in developing economies reacts to improvements in security conditions and military spending in neighboring countries, suggesting that further increases in the peace dividend are possible. In developing economies, rising social spending tends to crowd out military outlays, but this is not the case in advanced economies. With social outlays projected to rise as developing countries look to achieve the Sustainable Development Goals (SDGs), military spending could come under pressure to fall further.
Author: United States. Arms Control and Disarmament Agency
Publisher:
ISBN:
Category : Armaments
Languages : en
Pages : 186
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Book Description
