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Military Expenditures 1972-1990

Military Expenditures 1972-1990
Author: Daniel P. Hewitt
Publisher: International Monetary Fund
Total Pages: 48
Release: 1993-03
Genre: Business & Economics
ISBN:

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World military expenditures have fallen by over 20 percent in proportion to GDP from 1985 to 1990. This study examines the determinants of military expenditures in 125 countries during 1972-90 to ascertain what factors may be behind the recent decreases. Economic decline among developing countries in the 1980s and among industrial countries in the later part of the decade emerges as one possible factor. A second is the move towards more democratic regimes, which could diminish support for the military. A third factor is the improved world security situation and the concomitant decrease in military aid by the former major cold war combatants.


Military Expenditures 1972-1990

Military Expenditures 1972-1990
Author: Daniel Hewitt
Publisher:
Total Pages: 42
Release: 2006
Genre:
ISBN:

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World military expenditures have fallen by over 20 percent in proportion to GDP from 1985 to 1990. This study examines the determinants of military expenditures in 125 countries during 1972-90 to ascertain what factors may be behind the recent decreases. Economic decline among developing countries in the 1980s and among industrial countries in the later part of the decade emerges as one possible factor. A second is the move towards more democratic regimes, which could diminish support for the military. A third factor is the improved world security situation and the concomitant decrease in military aid by the former major cold war combatants.


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

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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.


Handbook of Research on Military Expenditure on Economic and Political Resources

Handbook of Research on Military Expenditure on Economic and Political Resources
Author: Das, Ramesh Chandra
Publisher: IGI Global
Total Pages: 596
Release: 2018-05-25
Genre: Political Science
ISBN: 1522547797

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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.


IMF Staff Papers, Volume 48, No. 2

IMF Staff Papers, Volume 48, No. 2
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
Total Pages: 208
Release: 2001-12-12
Genre: Business & Economics
ISBN: 1451974256

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This paper analyzes the link between product variety and economic growth. It finds support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The paper presents an empirical study for South Africa, which indicates that there exists a stable money demand type of relationship among domestic prices, broad money, real income, and interest rates, as well as a long-term relationship among domestic prices, foreign prices, and the nominal exchange rate.