Mitigating Capital Flight Through Military Expenditure

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Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Mitigating Capital Flight Through Military Expenditure by : Simplice Asongu

Download or read book Mitigating Capital Flight Through Military Expenditure written by Simplice Asongu and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to assess the thresholds at which military expenditure modulates the effect of terrorism on capital flight. We employed a panel data of 37 African countries from 1996-2010.The empirical evidence was based on: (i) baseline contemporary and non-contemporary OLS, (ii) contemporary and non-contemporary fixed effects regressions to account for the unobserved heterogeneity, (iii) the Generalised Method of Moments to account for the capital flight trap and (iv) Quantile Regressions (QR) to account for initial levels of capital flight. The study found that the thresholds are apparent exclusively in Quantile Regressions with military expenditure thresholds ranging from: 4.224 to 5.612 for domestic terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in transnational terrorism related regressions. Depending on the terrorist target, the findings broadly show that a critical mass of between 4.224 and 7.363 of military expenditure as a percentage of GDP is needed to reverse the negative effect of terrorism on capital flight. In spite of the growing consensus of the need to utilise military expenditure to help combat terrorism, our understanding of the threshold at which military expenditure completely dampens the negative effect of terrorism on capital flight remains largely underexplored. We capitalize on panel data of 37 African countries to address this lacuna in our understanding of this important issue.

Military Expenditure, Terrorism and Capital Flight

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Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Military Expenditure, Terrorism and Capital Flight by : Simplice Asongu

Download or read book Military Expenditure, Terrorism and Capital Flight written by Simplice Asongu and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the growing consensus of the need to utilise military expenditure to help combat terrorism, our understanding of the threshold at which military expenditure reduces the effect of terrorism stemming from capital flight remains largely underexplored. We employed a panel data of 37 African countries from 1996-2010 and determined that the thresholds are apparent exclusively in Quantile Regressions with military expenditure thresholds ranging from: 4.224 to 5.612 for domestic terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in transnational terrorism related regressions. Depending on the terrorist target, the findings broadly show that a critical mass of between 4.224 and 7.363 of military expenditure as a percentage of GDP is needed to reverse the effects of terrorism stemming from capital flight. Implications for public policy are discussed.

The Impact of Global Terrorism on Economic and Political Development

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Publisher : Emerald Group Publishing
ISBN 13 : 1787699196
Total Pages : 464 pages
Book Rating : 4.7/5 (876 download)

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Book Synopsis The Impact of Global Terrorism on Economic and Political Development by : Ramesh Chandra Das

Download or read book The Impact of Global Terrorism on Economic and Political Development written by Ramesh Chandra Das and published by Emerald Group Publishing. This book was released on 2019-05-13 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection seeks to address and analyse the ramifications of terrorism and terrorist activities at a world-level, with a specific focus on the economies and political systems in the Afro-Asian regions.

Handbook of Research on Military Expenditure on Economic and Political Resources

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Publisher : IGI Global
ISBN 13 : 1522547797
Total Pages : 596 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Handbook of Research on Military Expenditure on Economic and Political Resources by : Das, Ramesh Chandra

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.

Africa's Odious Debts

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Publisher : Bloomsbury Publishing
ISBN 13 : 1848134606
Total Pages : 152 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis Africa's Odious Debts by : Léonce Ndikumana

Download or read book Africa's Odious Debts written by Léonce Ndikumana and published by Bloomsbury Publishing. This book was released on 2011-10-13 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa's foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their governments. Léonce Ndikumana and James K. Boyce reveal the intimate links between foreign loans and capital flight. Of the money borrowed by African governments in recent decades, more than half departed in the same year, with a significant portion of it winding up in private accounts at the very banks that provided the loans in the first place. Meanwhile, debt-service payments continue to drain scarce resources from Africa, cutting into funds available for public health and other needs. Controversially, the authors argue that African governments should repudiate these 'odious debts' from which their people derived no benefit, and that the international community should assist in this effort. A vital book for anyone interested in Africa, its future and its relationship with the West.

Research Anthology on Military and Defense Applications, Utilization, Education, and Ethics

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Publisher : IGI Global
ISBN 13 : 1799890309
Total Pages : 685 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Research Anthology on Military and Defense Applications, Utilization, Education, and Ethics by : Management Association, Information Resources

Download or read book Research Anthology on Military and Defense Applications, Utilization, Education, and Ethics written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-05-28 with total page 685 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military technology is highly advanced in terms of technology being used in the field, computer applications, artificial intelligence, and software applications. These high-performance technologies range from weapons to communications technology to automation in vehicles and weaponry. These technologies must be both secure and reliable in harsh environments. Research is being focused specifically on that, including how military and defense applications operate, what modern technologies are being used, and the ethics surrounding these applications. A holistic view of these applications is necessary for both understanding current military tactics and tools along with the future applications. The Research Anthology on Military and Defense Applications, Utilization, Education, and Ethics focuses specifically on military and defense operations, expenditure, technologies, and tools, and the ethics surrounding technologies like weaponry and artificial intelligence in the military. The chapters cover a wide and diverse range of military and defense applications while providing crucial information on the functions, security, and reliability of these technologies. Beyond an understanding of the applications themselves, this book also focuses on military education surrounding these technologies and the ethics of usage to provide a well-rounded understanding of research in the field. This book is ideal for military consultants, military personnel, defense agencies, national security agencies, government officials, defense personnel, policymakers, military educators and trainers, stakeholders, practitioners, researchers, academicians, and students interested in the latest research in military and defense applications.

Pentagon 9/11

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Publisher : Office of the Secretary, Historical Offi
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Pentagon 9/11 by : Alfred Goldberg

Download or read book Pentagon 9/11 written by Alfred Goldberg and published by Office of the Secretary, Historical Offi. This book was released on 2007-09-05 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most comprehensive account to date of the 9/11 attack on the Pentagon and aftermath, this volume includes unprecedented details on the impact on the Pentagon building and personnel and the scope of the rescue, recovery, and caregiving effort. It features 32 pages of photographs and more than a dozen diagrams and illustrations not previously available.

Emergency, Crisis & Risk Management: Current Perspectives on the Development of Joint Risk Mitigation, Preparedness and Response Efforts

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Publisher : Frontiers Media SA
ISBN 13 : 2832511406
Total Pages : 160 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Emergency, Crisis & Risk Management: Current Perspectives on the Development of Joint Risk Mitigation, Preparedness and Response Efforts by : Jarle Løwe Sørensen

Download or read book Emergency, Crisis & Risk Management: Current Perspectives on the Development of Joint Risk Mitigation, Preparedness and Response Efforts written by Jarle Løwe Sørensen and published by Frontiers Media SA. This book was released on 2023-01-13 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capital Flight and Capital Controls in Developing Countries

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008058
Total Pages : 368 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Capital Flight and Capital Controls in Developing Countries by : Gerald A. Epstein

Download or read book Capital Flight and Capital Controls in Developing Countries written by Gerald A. Epstein and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capital due to its scarcity. This situation is often reversed, however, with capital fleeing poorer countries for wealthier, capital-abundant locales. Using a common methodology for a set of case studies on the size, causes and consequences of capital flight in developing countries, the contributors address the extent of capital flight, its effects, and what can be done to reverse it. Case studies of Brazil, China, Chile, South Africa, Thailand, Turkey and the Middle East provide rich descriptions of the capital flight phenomena in a variety of contexts. The volume includes a detailed description of capital flight estimation methods, a chapter surveying the impact of financial liberalization, and several chapters on controls designed to solve the capital flight problem. The first book devoted to the careful calculation of capital flight and its historical and policy context, this volume will be of great interest to students and scholars in the areas of international finance and economic development.

Key Challenges and Policy Reforms in the MENA Region

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Publisher : Springer Nature
ISBN 13 : 3030921336
Total Pages : 164 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Key Challenges and Policy Reforms in the MENA Region by : Mohamed Sami Ben Ali

Download or read book Key Challenges and Policy Reforms in the MENA Region written by Mohamed Sami Ben Ali and published by Springer Nature. This book was released on 2022-04-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses economic challenges and policy reforms in the Middle East and North Africa (MENA) region. Despite important resources and strategic advantages, the region suffers from a number of economic, social, and political problems that impedes normal economic take-off. The volume contains theoretical and empirical studies covering individual countries and panel studies addressing these economic challenges. Chapters address issues such as economic growth; poverty and inequality; subsidies and public finances policies; external trade and financial liberalization; remittances, corruption, transparency, and institutions; renewable energy, digitalization, terrorism, regional integration, capital flight, money laundering, financial development and brain drain. Providing a comprehensive understanding of the most important and urgent economic challenges in the region, this volume will be a useful reference for researchers and policymakers interested in the MENA region.

Capital Flight from Africa

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Publisher : Oxford University Press, USA
ISBN 13 : 0198718551
Total Pages : 455 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Capital Flight from Africa by : Simeon Ibidayo Ajayi

Download or read book Capital Flight from Africa written by Simeon Ibidayo Ajayi and published by Oxford University Press, USA. This book was released on 2015 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows.

Breaking the Conflict Trap

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Publisher : World Bank Publications
ISBN 13 : 0821386417
Total Pages : 195 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Breaking the Conflict Trap by : World Bank

Download or read book Breaking the Conflict Trap written by World Bank and published by World Bank Publications. This book was released on 2003-05-30 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Civil war conflict is a core development issue. The existence of civil war can dramatically slow a country's development process, especially in low-income countries which are more vulnerable to civil war conflict. Conversely, development can impede civil war. When development succeeds, countries become safer when development fails, they experience a greater risk of being caught in a conflict trap. Ultimately, civil war is a failure of development. 'Breaking the Conflict Trap' identifies the dire consequences that civil war has on the development process and offers three main findings. First, civil war has adverse ripple effects that are often not taken into account by those who determine whether wars start or end. Second, some countries are more likely than others to experience civil war conflict and thus, the risks of civil war differ considerably according to a country's characteristics including its economic stability. Finally, Breaking the Conflict Trap explores viable international measures that can be taken to reduce the global incidence of civil war and proposes a practical agenda for action. This book should serve as a wake up call to anyone in the international community who still thinks that development and conflict are distinct issues.

TERRORISM: COMMENTARY ON SECURITY DOCUMENTS VOLUME 146

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Publisher : Oxford University Press
ISBN 13 : 0190654236
Total Pages : 400 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis TERRORISM: COMMENTARY ON SECURITY DOCUMENTS VOLUME 146 by : Douglas C. Lovelace, Jr.

Download or read book TERRORISM: COMMENTARY ON SECURITY DOCUMENTS VOLUME 146 written by Douglas C. Lovelace, Jr. and published by Oxford University Press. This book was released on 2017-06-07 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Terrorism: Commentary on Security Documents is a series that provides primary source documents and expert commentary on various topics relating to the worldwide effort to combat terrorism, as well as efforts by the United States and other nations to protect their national security interests. Volume 146, Russia's Resurgence, examines recent developments in the foreign policy and strategy of the Russian Federation, including an examination of its aggression against neighboring states with Russian populations, its recent focus on strengthening its military capabilities, its larger strategy vis-à-vis NATO and the United States, its utilization of hybrid warfare in the "gray zone" to achieve its goals, its increasing influence on Middle Eastern politics, and the historical context within which these developments have occurred. This volume includes Congressional Research Service reports on security issues concerning the United States, Ukraine, and the Russian Federation, as well as an English-language version of the Military Doctrine of the Russian Federation made available to the public, NATO's Framework for Future Alliance Operations, and recent studies on Russia's hybrid warfare from the NATO Defense College and the Joint Special Operations University Press.

Crimes Committed by Terrorist Groups

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Publisher : DIANE Publishing
ISBN 13 : 1437929591
Total Pages : 258 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Crimes Committed by Terrorist Groups by : Mark S. Hamm

Download or read book Crimes Committed by Terrorist Groups written by Mark S. Hamm and published by DIANE Publishing. This book was released on 2011 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Examines terrorists¿ involvement in a variety of crimes ranging from motor vehicle violations, immigration fraud, and mfg. illegal firearms to counterfeiting, armed bank robbery, and smuggling weapons of mass destruction. There are 3 parts: (1) Compares the criminality of internat. jihad groups with domestic right-wing groups. (2) Six case studies of crimes includes trial transcripts, official reports, previous scholarship, and interviews with law enforce. officials and former terrorists are used to explore skills that made crimes possible; or events and lack of skill that the prevented crimes. Includes brief bio. of the terrorists along with descriptions of their org., strategies, and plots. (3) Analysis of the themes in closing arguments of the transcripts in Part 2. Illus.

Yemen

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Publisher : Chatham House (Formerly Riia)
ISBN 13 : 9781862032972
Total Pages : 0 pages
Book Rating : 4.0/5 (329 download)

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Book Synopsis Yemen by : Ginny Hill

Download or read book Yemen written by Ginny Hill and published by Chatham House (Formerly Riia). This book was released on 2015-07-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Far from being on a guaranteed path towards a secure, prosperous future, Yemen confronts serious risks of political instability and a looming resource crisis, forced by the rapid depletion of the oil reserves that underpin the state budget. The interim government of Yemen has committed itself to political and economic reforms, but may struggle to push them through in face of the resistance of incumbent elite interests." -- From Publisher's web site.

Export Product Quality, Renewable Energy, and Sustainable Production

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Publisher : Frontiers Media SA
ISBN 13 : 2832534872
Total Pages : 518 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Export Product Quality, Renewable Energy, and Sustainable Production by : Umer Shahzad

Download or read book Export Product Quality, Renewable Energy, and Sustainable Production written by Umer Shahzad and published by Frontiers Media SA. This book was released on 2023-09-12 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development has long been acknowledged for its beneficial effects on human well-being. In the context of economic globalization and vertical specialization, increasing the quality of export products is more critical and necessary to export success and sustainable development. The product's quality is inextricably linked to its manufacture and production, which need various types of energy and raw materials. Meanwhile, the adoption of more environmentally friendly and cleaner energy sources contributes to the achievement of sustainable production. Therefore, product quality may provide a new perspective from which to investigate the systematic relationship between greener and renewable energy sources, sustainable production and environmental regulations, as well as the nature of export competitiveness. Generally, export product quality has referred to the quality of manufactured products within the product lines. Quality refers to the relative price of a country's varieties within their respective product lines. Product sophistication assesses the composition of the aggregate exports. Different varieties of same product as per quality level are being produced by several developing and emerging economies. Within any given product line, quality converges both conditionally and unconditionally to the world's benchmark; increases in institutional quality and human capital are associated with faster quality upgrading. In turn, faster growth in quality is associated with more rapid output growth.

Handbook on the Economics of Conflict

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930346
Total Pages : 529 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Handbook on the Economics of Conflict by : Derek L. Braddon

Download or read book Handbook on the Economics of Conflict written by Derek L. Braddon and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention. The economics of conflict is a relatively new branch of the discipline of economics. Conflict provides opportunities for applying game theory involving strategic behaviour, interactions and interdependence betweenadversaries. The Handbook demonstrates that conflict and its prevention is costly; it considers new dimensions such as ethnic cleansing, destructive power, terrorism, corruption, the impact of new technology, peacekeeping, the role of economists in defence ministries and the use of privatecontractors in conflict.