Download or read book The Impact of Worldwide Military Spending Cutson Developing Countries written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1993-11-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the present value of consumption increases by 46 percent of 1992 GDP, compared to military expenditures cuts, in present value terms, of 33 percent of 1992 GDP. The gains reflect both the release of domestic resources and a positive international economic externality due to enhanced trade and lower world interest rates. Accordingly, the net debtor developing country gains exceed those of industrial countries. Examination of individual developing country economies confirms the significance of the external trade effect on the pattern and level of gains.

Download or read book The Impact of Worldwide Military Spending Cuts on Developing Countries written by Tamim Bayoumi and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the present value of consumption increases by 46 percent of 1992 GDP, compared to military expenditures cuts, in present value terms, of 33 percent of 1992 GDP. The gains reflect both the release of domestic resources and a positive international economic externality due to enhanced trade and lower world interest rates. Accordingly, the net debtor developing country gains exceed those of industrial countries. Examination of individual developing country economies confirms the significance of the external trade effect on the pattern and level of gains.

Download or read book The impact of worldwide military spending cuts on developing countries written by Fondo Monetario Internacional and published by . This book was released on 1993 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Worldwide Military Spending Cuts on Developing Countries written by Tamim A. Bayoumi and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Military Spending in Developing Countries written by Brian MacDonald and published by McGill-Queen's Press - MQUP. This book was released on 1997-04-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author, an eminent policy analyst, applies strategic balance of power models to African security issues for the first time, and formulates the "Praetorian Index" to gauge levels of military corruption, and the risk of social unrest and civil war. He compares the fine line between sufficient and excessive military spending across ten countries and defines regional indicators of genuine security need or ambition. This controversial work will interest agencies and policy analysts involved with international development and official development assistance, and is essential reading for anyone interested in disarmament issues or international risk management.

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 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 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 Is Military Spending Converging Across Countries An Examination of Trends and Key Determinants written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2019-09-20 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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 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

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 Third World Military Expenditure and Arms Production written by Robert E Looney and published by Springer. This book was released on 1988-08-31 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic and Social Consequences of the Arms Race and Military Expenditures written by and published by . This book was released on 1983 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Third World Military Expenditure written by David K. Whynes and published by Springer. This book was released on 1979-06-17 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 Third World Military Expenditure written by Robert D. McKinlay and published by Bloomsbury Publishing. This book was released on 2016-10-06 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twin objectives of this book are to identity the determinants and to explore the implications of Third World military expenditure. Beginning with a descriptive profile of Third World military expenditure, the study uses cross-national and longitudinal data to explore the determinants and implications across a range of issues areas. On the basis of this analysis, the book concludes with an empirical theory of military expenditure and a critical appraisal of the general implications.