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Book Defense Spending And Economic Growth

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.

Book The Political Economy of Defense Spending Around the World

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

Book Defense Spending  Natural Resources  and Conflict

Download or read book Defense Spending Natural Resources and Conflict written by Christos Kollias and published by Routledge. This book was released on 2017-10-02 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an intellectual contribution of policy scientists and researchers from different academic institutions in different parts of the world. The Arab Spring, the rise of ISIS and terrorism ignite the debate on studying conflict and natural resources. Uniquely, the book discusses the sources of the conflicts and the institutions that are managing the conflicts. The natural resources, defense spending, conflict and human welfare are intertwined. In support of the ‘resource curse’ hypothesis, the book shows that an abundance of natural resources, particularly oil, encourages an increase in military spending and lower economic growth. In addition, the good economic and political institutions do reduce the hazard of conflict; and strong political institutions for checks and balances appear to weaken the impact of natural resources on conflicts. The book also examines the relationship between defense and social welfare expenditures – specifically, health and education. Shedding light on the complicated nature of the relationship between defense spending, inequality, and types of political and welfare regimes gives us a deeper understanding of the type of democratic systems that will likely improve social welfare. In studying the political economy of defense spending, the book shows the link between public opinion toward defense spending and voters' support for candidates. The analysis shows that party identification or having a vested interest in defense industries do correlate with a preference for increasing defense spending. This book was published as a special issue of Defence and Peace Economics.

Book Defense and Economic Growth in Developing Countries

Download or read book Defense and Economic Growth in Developing Countries written by Emile Benoit and published by . This book was released on 1973 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph comprising a statistical analysis and economic analysis of the effects of national defence programmes on economic growth in 44 developing countries from 1950 to 1965 - includes information on the sample and methodology, examines the relationship of public expenditure on defence and the growth rate of the gross national product, and includes detailed studies of India, Mexico, Korea R, Israel, Egypt and Argentina. References and statistical tables.

Book The Economics of Military Expenditures

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:

Book Benoit Revisited

Download or read book Benoit Revisited written by Lisa M. Grobar and published by . This book was released on 1987 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1970s, Emile Benoit shocked development economists by presenting positive cross-country correlations between military expenditures and economic growth rates in less developed countries. Skeptics have abounded, and Benoit's research has been much worked over, both conceptually and statistically. This paper reviews this debate. We conclude that Benoit's findings were aberrant: Most studies suggest that military spending does have an adverse impact on economic growth in developing countries, largely through its adverse effect on saving and investment.

Book Handbook of Research on Military Expenditure on Economic and Political Resources

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.

Book Military Expansion  Economic Decline

Download or read book Military Expansion Economic Decline written by R.W. DeGrasse and published by Routledge. This book was released on 2016-07-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: By assessing the costs and benefits of military spending, the authors provide a "second opinion" on the subject of military economics. While advocates of increased military spending often stress the positive effects of the Pentagon on the economy, there has been little systematic summary of the "opportunity costs" that society pays for a large military establishment. This book fills that gap.

Book Military Spending and Economic Growth in the Presence of Arms Trade

Download or read book Military Spending and Economic Growth in the Presence of Arms Trade written by Taimur Rahman and published by . This book was released on 2020-02-11 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military spending is not considered a productive activity that can contribute positively to GDP, however It effect indirectly through degreasing the risk and provide stability, moreover since its considered a major expenditure in many countries, it could indirectly affect the economy by increasing income level as well as production of military goods and service. This study explored the fact whether economy grows with the rise of military spending or vice versa. The research work comprises of various independent variables including military spending, and explored their effect of on economic growth and per capita income over 85 countries for the last 20 years i.e. from 1998 to 2017. Models suggested that the impact of defense expenditure (DE) on economic growth is negative since left less money to invest in other areas like infrastructure, health, education and production of routine goods. One notable change depicted in the interaction effect of military spending and arms exports, it have a positive and significant effect, showing a positive complementarities between the two. This shows that military spending itself have a negative effect but if it is complemented by arms exports, that spending turns favorablefor GDP in both the models. Hence in most refined model, it is clearly evident that arms exports were not only good for GDP level and growth, but it would also make the military spending infavorable to economy. Hence, results imply that for developed countries, military spending in the presence of arms export is an effective foreign policy tool to securing economic growth and maintaing political stability and strong rule of law.

Book Effect of Defense on Developing Economies

Download or read book Effect of Defense on Developing Economies written by Emile Benoit and published by . This book was released on 1971 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Arming the South

Download or read book Arming the South written by J. Brauer and published by Springer. This book was released on 2002-05-10 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: After marked reductions in military spending in the 1990s military budgets around the world are on the increase. In this book, renowned authorities re-examine the economics of military expenditure, arms production and arms trade in developing nations. It includes analysis of military spending in Africa, Asia and Latin America and new forms of civil conflict as well as nine case studies (Saudi Arabia, South Africa, Mozambique, Angola, Subsaharan Africa, Greece, Turkey, Guatemala and Chile). The book will serve as a valuable contribution to the fields of both development economics and security studies.

Book The Political Economy of Military Spending in the United States

Download or read book The Political Economy of Military Spending in the United States written by Alex Mintz and published by Routledge. This book was released on 1992 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the post-cold war era there has been a growing debate inside the United States over the size of the defense budget and its effect on the economy. This book argues that the domestic political economy and national security issues are not separate and distant spheres. And in relation to this, that national security policy is often dictated by internal social and economic pressures as much as by global events. Alex Mintz has drawn together leading scholars in the field of the political economy who have addressed key questions concerning US defense spending. The book addresses the links between electoral cycles and the awarding of defense contracts as well as the issue of public opinion on defense spending. The contributors go on to explore the relationship between corporate profits, stock prices and defense expenditure and the impact of defense spending on economic growth and social welfare. The Political Economy of Military Spending in the United States will appeal to all students of national security, especially those concerned with defense spending policy. It will also be valuable reading for anyone researching the political economy approach to defense spending.

Book The Economics of Defense Spending

Download or read book The Economics of Defense Spending written by United States. Assistant Secretary of Defense (Comptroller) and published by . This book was released on 1972 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book How Is the Rise in National Defense Spending Affecting the Tenth District Economy

Download or read book How Is the Rise in National Defense Spending Affecting the Tenth District Economy written by Chad R. Wilkerson and published by DIANE Publishing. This book was released on 2009-02 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2007, the U.S. spent over $650 billion on national defense; this was the largest annual amount since 1945. Defense spending accounts for nearly 5% of overall gross domestic product. National defense represents an even larger share of economic activity in the 10th Fed. Reserve District. The region is home to some of the country¿s largest military installations, and a number of private contractors. Is the buildup in national defense stimulating the economies of the states in the 10th District? Increased defense spending is likely to help the region more in the long run than the short run. The region is poised for an expansion of defense spending in the future. The region benefits from a less cyclical defense sector than that of the nation. Illus.

Book Economic Impact of Cuts in Defense Spending

Download or read book Economic Impact of Cuts in Defense Spending written by Frank Schorfheide and published by . This book was released on 1993 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: