Military Spending in Developing Countries

Military Spending in Developing Countries
Author: Brian MacDonald
Publisher: McGill-Queen's Press - MQUP
Total Pages: 232
Release: 1997
Genre: Africa
ISBN: 0886293146

Government agencies are increasingly apprehensive about the scale of military spending in Africa and the Middle East - particularly incountries where they are providing development assistance. This study argues that certain countries overspend on their military forces to the detriment of more productive social or economic programs.

Military Expenditure

Military Expenditure
Author: Mr.Daniel P. Hewitt
Publisher: International Monetary Fund
Total Pages: 52
Release: 1991-05-01
Genre: Business & Economics
ISBN: 1451847424

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.

Defense Spending And Economic Growth

Defense Spending And Economic Growth
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.

The Impact of Worldwide Military Spending Cutson Developing Countries

The Impact of Worldwide Military Spending Cutson Developing Countries
Author: Mr.Tamim Bayoumi
Publisher: International Monetary Fund
Total Pages: 39
Release: 1993-11-01
Genre: Business & Economics
ISBN: 1451850808

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.

Arming the South

Arming the South
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.

Is Military Spending Converging Across Countries? An Examination of Trends and Key Determinants

Is Military Spending Converging Across Countries? An Examination of Trends and Key Determinants
Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
Total Pages: 21
Release: 2019-09-20
Genre: Business & Economics
ISBN: 1513515497

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.

Military Expenditure

Military Expenditure
Author: Saadet Deger
Publisher: Stockholm International Peace Research Institute
Total Pages: 212
Release: 1990
Genre: Business & Economics
ISBN: 9780198291411

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.