Military Expenditure And Economic Growth In The Middle East
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| Author | : James E. Payne |
| Publisher | : Routledge |
| Total Pages | : 286 |
| Release | : 2019-03-13 |
| Genre | : Business & Economics |
| ISBN | : 0429695675 |
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.
| Author | : L. Wahid |
| Publisher | : Springer |
| Total Pages | : 184 |
| Release | : 2009-09-29 |
| Genre | : Political Science |
| ISBN | : 0230250769 |
This book investigates the role and the impacts of armies and military regimes in the Middle East. It argues that one of the main causes of the slow and stagnated economic development in the region is high military expenditure perpetuated by strong grips of armies on the politics of the region.
| Author | : Mr.Hamid R Davoodi |
| Publisher | : International Monetary Fund |
| Total Pages | : 44 |
| Release | : 2003-09-05 |
| Genre | : Business & Economics |
| ISBN | : 9781589062290 |
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
| Author | : Kamran Mofid |
| Publisher | : Routledge |
| Total Pages | : 200 |
| Release | : 2005-10-26 |
| Genre | : Business & Economics |
| ISBN | : 1134939655 |
The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.
| Author | : J. Brauer |
| Publisher | : Springer |
| Total Pages | : 430 |
| Release | : 2002-05-10 |
| Genre | : Business & Economics |
| ISBN | : 0230501257 |
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.
| Author | : The International Institute for Strategic Studies (IISS) |
| Publisher | : Routledge |
| Total Pages | : 504 |
| Release | : 2022-02-14 |
| Genre | : Political Science |
| ISBN | : 1000619729 |
Published each year since 1959, The Military Balance is an indispensable reference to the capabilities of armed forces across the globe. It is used by academia, the media, armed forces, the private sector and government. It is an open-source assessment of the military forces and equipment inventories of 171 countries, with accompanying defence economics and procurement data. Alongside detailed country data, The Military Balance assesses important defence issues, by region, as well as key global trends, such as in defence technology and equipment modernisation. This analysis is accompanied by full-colour graphics, including maps and illustrations. With extensive explanatory notes and reference information, The Military Balance is as straightforward to use as it is extensive. The 2022 edition is accompanied by a fullcolour wall chart illustrating security dynamics in the Arctic.
| Author | : MissRanda Sab |
| Publisher | : International Monetary Fund |
| Total Pages | : 32 |
| Release | : 2014-06-11 |
| Genre | : Business & Economics |
| ISBN | : 1498310893 |
Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of the country, economic structure, duration of the war, international engagement, and prevailing security conditions. The net economic impact on neighboring countries varied according to their initial economic conditions, number and income level of refugees they hosted, economic integration, and external assistance.
| Author | : Mr.Bjoern Rother |
| Publisher | : International Monetary Fund |
| Total Pages | : 43 |
| Release | : 2016-09-16 |
| Genre | : Social Science |
| ISBN | : 1475535783 |
In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.
| Author | : The International Institute for Strategic Studies (IISS) |
| Publisher | : Routledge |
| Total Pages | : 1037 |
| Release | : 2021-02-25 |
| Genre | : Political Science |
| ISBN | : 100041549X |
Published each year since 1959, The Military Balance is an indispensable reference to the capabilities of armed forces across the globe. It will be of interest to anyone interested in security and military issues and is regularly consulted by academia, media, armed forces, the private sector and government. Key Elements: 1. Data on the military organisations, equipment inventories and defence budgets of 171 countries 2. Analysis of major developments affecting defence policy and procurement, and defence economics, arranged region-by-region. 3. Key trends in the land, sea and air domains, and in cyberspace 4. Selected defence procurement programmes, arranged region-by-region 5. Full-colour graphics including maps and illustrations 6. Extensive explanatory notes and references 7. The hardcopy edition is accompanied by a full-colour wall chart Features in the 2021 edition include: - Analytical texts on future maritime competition, battle management systems, China’s civil-military integration and fractures in the arms-control environment - Military cyber capabilities - Analysis of developments in defence policy, military capability and defence economics and industry for China, Egypt, Finland, Indonesia, Russia, Senegal and the United States. - A wallchart illustrating global submarine holdings and key trends in subsurface warfare
| Author | : Mr. Ernesto Ramirez Rigo |
| Publisher | : International Monetary Fund |
| Total Pages | : 153 |
| Release | : 2021-09-20 |
| Genre | : Business & Economics |
| ISBN | : 1513594087 |
Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
