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 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 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 286 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 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 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.
Download or read book Adjustments of the U S Economy to Reductions in Military Spending written by United States. Arms Control and Disarmament Agency and published by . This book was released on 1970 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the study is to review the likely impact of reduced military expenditures on the economy of the United States and to identify some of the more pressing problems which may be encountered in the shift of resources from military to non-military uses. (Author).
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.
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 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 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 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 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 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 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:
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 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 596 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 The Economic Impact of Reductions in Defense Spending written by United States. Arms Control and Disarmament Agency. Economics Division and published by . This book was released on 1972 with total page 40 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:
