Download or read book Military Expenditures and the Level of Economic Development written by Hossein Askari and published by University of Texas at Austin, Bureau of Business Research. This book was released on 1977 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Spending And Economic Growth written by James E. Payne and published by Routledge. This book was released on 2019-03-13 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Economic Impact of Military Expenditures written by Daniel L. Landau and published by World Bank Publications. This book was released on 1993 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Military Expenditures written by Christian Schmidt and published by Springer. This book was released on 1987-07-07 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Expenditure written by Mr.Daniel P. Hewitt and published by International Monetary Fund. This book was released on 1991-05-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Development Versus Military Expenditures in Countries Receiving U S Aid written by and published by . This book was released on 1980 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Peace Dividend written by Delano Villanueva and published by International Monetary Fund. This book was released on 1995-05-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Military Expenditures and Economic Growth written by and published by . This book was released on 2001 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Military Expenditure written by Saadet Deger and published by Stockholm International Peace Research Institute. This book was released on 1990 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Handbook of Research on Military Expenditure on Economic and Political Resources written by Das, Ramesh Chandra and published by IGI Global. This book was released on 2018-05-25 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: As many countries have increased their budgets to allow for newer technologies and a stronger military force, defense spending has become a popular debate topic around the world. As such, it is vital to understand the interplay between the military expenditure and economic growth and development across countries. The Handbook of Research on Military Expenditure on Economic and Political Resources is a critical scholarly publication that explores the interplay between the military expenditure and economic growth and development across countries. Featuring coverage on a wide range of topics such as defense management, economic growth, and dynamic panel model, this publication is geared towards academicians, researchers, and professionals seeking current research on the interplay between the military expenditure and economic growth and development across countries.
Download or read book Economic Consequences of Lower Military Spending written by Tamim A. Bayoumi and published by . This book was released on 1993-03 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF MULTIMOD model is used to trace the economic impact of a 20 percent reduction in world military expenditures. GDP falls in the short run, however private consumption and investment rise, leading to an increase in GDP in the medium and long run. The estimated gains to economic welfare are substantial, particularly for developing countries, although most of these gains are realized in the long run. A positive international economic externality is found to exist, implying that for any given country the economic gains from a coordinated reduction in military expenditures exceed the gains from a unilateral reduction.
Download or read book Military Expenditure and Economic Development written by World Bank and published by Washington, D.C. : World Bank. This book was released on 1992 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Expenditure and Economic Development written by Banco Mundial and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Expenditure in Third World Countries written by Saadet Deger and published by Taylor & Francis. This book was released on 1986 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Welfare and Growth written by Steve Chan and published by Routledge. This book was released on 1992-07-02 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Expert essays bring together material from many developed and developing countries to determine how defense spending can affect welfare provision and economic growth.
Download or read book The Economics of Military Spending written by Adem Yavuz Elveren and published by Routledge. This book was released on 2019-05-17 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Military Spending offers a comprehensive analysis of the effect of military expenditures on the economy. It is the first book to provide both a theoretical and an empirical investigation of how military spending affects the profit rate, a key indicator of the health of a capitalist economy. The book presents a general discussion on the economic models of the nexus of military spending and economic growth, as well as military Keynesianism and the military-industrial complex. Including an account of the Marxist crisis theories, it focuses on military spending as a counteracting factor to the tendency of rate of profit to fall. Using a range of econometric methods and adopting a Marxist perspective, this book provides comprehensive evidence on the effects of military spending on the rate of profit for more than thirty countries. The findings of the book shed light on the complex linkages between military spending and the profit rate by considering the role of countries in the arms trade. Offering a Marxist perspective and an emphasis on quantitative analysis, The Economics of Military Spending will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.
Download or read book The Political Economy of Defense Spending Around the World written by Uk Heo and published by . This book was released on 1999 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the end of the Cold War, one question that interests both scholars and policy makers alike is how defence cutbacks will affect economic performance. This text provides a review of the existing literature and addresses the issue of the peace dividend in an empirical analysis of 80 countries