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 Economic Consequences of Lower Military Spending written by Tamim Bayoumi and published by . This book was released on 2006 with total page 48 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 Economic Consequences of Lower Military Spending written by Tamim Bayoumi and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Political Economy of Military Spending in the United States written by Alex Mintz and published by Routledge. This book was released on 2002-01-31 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a timely collection of essays utilizing the political economy approach to military spending, primarily by the United States. The articles deal specifically with the relationships between defense spending and: (a) political-business cycles, public opinion and the US-Soviet relationship; (b) military action - i.e. war; (c) economic performance - the trade deficit, guns versus butter issues and fiscal policy.
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 208 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.
Download or read book The Economic Consequences of Reduced Military Spending written by Bernard Udis and published by Lexington, Mass : Lexington Books. This book was released on 1973 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: En række artikler, der belyser, hvorledes en formindskelse af USA's forsvarsudgifter vil påvirke landets økonomiske forhold på talrige områder såsom industri, og lokalsamfundene omkring militære etablissementer etc. Bogen er i 1970 udgivet under titlen "Adjustments of the U.S. economy to reductions in military spending."
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 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 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.
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 Economic Consequences of Disarmament written by Juliet Saltman and published by Oakville, Ont. : Canadian Peace Research Institute. This book was released on 1972 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Military Dollar Really is Different written by Michael Dee Oden and published by . This book was released on 1988 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ECONOMIC CONSEQUENCES OF LOWER MILITARY SPENDING SOME SIMULATION RESULTS written by Tamim A. BAYOUMI and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Study on the Economic and Social Consequences of the Arms Race and Military Expenditures written by United Nations. Department for Disarmament Affairs and published by New York : United Nations. This book was released on 1989 with total page 104 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 and Social Consequences of the Arms Race and of Military Expenditures written by United Nations. Secretary-General and published by . This book was released on 1972 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
