The Economic Consequences Of Reduced Military Spending
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Economic Consequences Of Lower Military Spending
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Author : Tamim A. Bayoumi
language : en
Publisher:
Release Date : 1993-03
Economic Consequences Of Lower Military Spending written by Tamim A. Bayoumi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-03 with Business & Economics categories.
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.
The Economic Consequences Of Reduced Military Spending
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Author : Bernard Udis
language : en
Publisher: Lexington, Mass : Lexington Books
Release Date : 1973
The Economic Consequences Of Reduced Military Spending written by Bernard Udis and has been published by Lexington, Mass : Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
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."
Economic Consequences Of Lower Military Spending
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Author : Tamim Bayoumi
language : en
Publisher:
Release Date : 2006
Economic Consequences Of Lower Military Spending written by Tamim Bayoumi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
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.
The Economic Effects Of Reduced Defense Spending
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Author :
language : en
Publisher:
Release Date : 1992
The Economic Effects Of Reduced Defense Spending written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
By 1997, U.S. national defense outlays would be 28% below their peak level in the 1980s. This report examines the effects of cuts in defense spending not only on the national economy, but also on states, industries, and selected local areas (including California, Maine and Missouri).
Economic Consequences Of Lower Military Spending
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Author : Tamim Bayoumi
language : en
Publisher:
Release Date : 1993
Economic Consequences Of Lower Military Spending written by Tamim Bayoumi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.
The Peace Dividend
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Author : Delano Villanueva
language : en
Publisher: International Monetary Fund
Release Date : 1995-05-01
The Peace Dividend written by Delano Villanueva and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-05-01 with Business & Economics categories.
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.
Military Expenditure In Third World Countries
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Author : Saadet Deger
language : en
Publisher: Taylor & Francis
Release Date : 1986
Military Expenditure In Third World Countries written by Saadet Deger and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Developing countries categories.
Military Expenditure
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Author : Saadet Deger
language : en
Publisher: Stockholm International Peace Research Institute
Release Date : 1990
Military Expenditure written by Saadet Deger and has been published by Stockholm International Peace Research Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.
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.
Defense Spending And Economic Growth
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Author : James E. Payne
language : en
Publisher: Routledge
Release Date : 2019-03-13
Defense Spending And Economic Growth written by James E. Payne and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-13 with Business & Economics categories.
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 Economic Impact Of Reductions In Defense Spending
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Author : United States. Arms Control and Disarmament Agency. Economics Division
language : en
Publisher:
Release Date : 1972
The Economic Impact Of Reductions In Defense Spending written by United States. Arms Control and Disarmament Agency. Economics Division and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Disarmament categories.