Military Spending, the Peace Dividend, and Fiscal Adjustment

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Publisher : International Monetary Fund
ISBN 13 : 1451851006
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Military Spending, the Peace Dividend, and Fiscal Adjustment by : Mr.Benedict J. Clements

Download or read book Military Spending, the Peace Dividend, and Fiscal Adjustment written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 1999-07-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the Cold War has ushered in significant changes in worldwide military spending. This paper finds that the easing of (1) international tensions, (2) regional tensions, and (3) the existence of IMF-supported programs are related to lower military spending and a higher share of nonmilitary spending in total government outlays. These factors account for up to 66 percent, 26 percent, and 11 percent of the decline in military spending, respectively. Furthermore, fiscal adjustment has implied a larger cut in military spending of countries with IMF-supported programs.

The Peace Dividend

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (96 download)

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Book Synopsis The Peace Dividend by : Malcolm Knight

Download or read book The Peace Dividend written by Malcolm Knight and published by . This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Spending the Peace Dividend when it Comes

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Spending the Peace Dividend when it Comes by : S. Charles Maurice

Download or read book Spending the Peace Dividend when it Comes written by S. Charles Maurice and published by . This book was released on 1990 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Peace Dividend

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Publisher : International Monetary Fund
ISBN 13 : 1451847335
Total Pages : 40 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Peace Dividend by : Delano Villanueva

Download or read book The Peace Dividend written by Delano Villanueva and published by International Monetary Fund. This book was released on 1995-05-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Peace Dividend

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis The Peace Dividend by : Loayza

Download or read book The Peace Dividend written by Loayza and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Exploding the Myth?

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Author :
Publisher : Routledge
ISBN 13 : 1317836502
Total Pages : 320 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Exploding the Myth? by : Derek Braddon

Download or read book Exploding the Myth? written by Derek Braddon and published by Routledge. This book was released on 2014-02-25 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a cold war peak of some $1000 billion per annum, world military expenditure has declined by about 40% since 1990, reaching its lowest level for thirty years. With such significant decline in global public expenditure committments to the defence sector, a substantial and lasting peace dividend was anticipated. Most governments believed that market forces, left more or less to their own devices, would deal effectively with this major exogenous shock and generate sufficient new economic activity to allow increased public expenditure on health, education and welfare. The approach of this book is to challenge the fundamental but flawed belief that a substantial and lasting peace dividend could be secured through market solution alone. The principal assertion is that market adjustment by itself cannot deliver such a dividend.The book focuses on the major aspects of the economic, business and security consequences of post Cold War defence expenditure reduction. Key problems obstructing optimal market response are identified and possible remedial action by government and others is considered.

The Peace Dividend: Military Spending Cuts and Economic Growth

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (913 download)

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Book Synopsis The Peace Dividend: Military Spending Cuts and Economic Growth by : Norman Loayza

Download or read book The Peace Dividend: Military Spending Cuts and Economic Growth written by Norman Loayza and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: February 1996 Empirical results suggest that lower military spending in the late 1980s -- plus further cuts in military spending should global peace be secured -- could produce a substantial long-term peace dividend in higher capacity output. Conventional wisdom suggests that reducing military spending may improve a country's economic growth, but empirical studies have produced ambiguous results on this point. Extending a standard growth model, Knight, Loayza, and Villanueva exploit both cross-section and time-series dimensions of available data to get consistent estimates of the growth-retarding effects of military spending. Military spending is growth-retarding because of its adverse impact on capital formation and resource allocation. Model simulation results suggest a substantial long-term peace dividend -- in the form of higher capacity output per capita -- that may result from (1) markedly lower military spending in most regions in the late 1980s and (2) future cuts in military spending if global peace is secured. This paper -- a joint product of the Macroeconomics and Growth Division, Policy Research Department, and the International Monetary Fund -- is part of a larger effort to understand the link between policies and growth.

Military Spending, the Peace Dividend, and Fiscal Adjustment

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Military Spending, the Peace Dividend, and Fiscal Adjustment by : Hamid R. Davoodi

Download or read book Military Spending, the Peace Dividend, and Fiscal Adjustment written by Hamid R. Davoodi and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the Cold War has ushered in significant changes in worldwide military spending. This paper finds that the easing of (1) international tensions, (2) regional tensions, and (3) the existence of IMF-supported programs are related to lower military spending and a higher share of nonmilitary spending in total government outlays. These factors account for up to 66 percent, 26 percent, and 11 percent of the decline in military spending, respectively. Furthermore, fiscal adjustment has implied a larger cut in military spending of countries with IMF-supported programs.

The Peace Dividend

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Author :
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.X/5 (1 download)

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Book Synopsis The Peace Dividend by :

Download or read book The Peace Dividend written by and published by . This book was released on 1991 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Defense to Development?

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Publisher : Routledge
ISBN 13 : 1134351445
Total Pages : 289 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis From Defense to Development? by : Sean M. DiGiovanna

Download or read book From Defense to Development? written by Sean M. DiGiovanna and published by Routledge. This book was released on 2003-09-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tracks the progress of 12 countries on five continents in moving resources from defense to civilian activity in the 1990s. Based on intensive research, it addresses each country with an impressive standard of scholarship.

Demystifying the Peace Dividend

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Publisher : Nomos Verlagsgesellschaft
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Demystifying the Peace Dividend by : Jörn Brömmelhörster

Download or read book Demystifying the Peace Dividend written by Jörn Brömmelhörster and published by Nomos Verlagsgesellschaft. This book was released on 2000 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die weltweiten Militarausgaben sind seit dem Ende des Kalten Krieges vor 10 Jahren um mehr als ein Drittel gesunken. Enorme finanzielle Mittel fur zivile Verwendungen wurden frei und nahrten so die Hoffnung auf eine direkte Friedensdividende fur nachhaltige und soziale Entwicklung.Der Sammelband beleuchtet Mythen und Realitaten um diese Friedensdividende. Wer hat vom Ruckgang der Verteidigungsausgaben profitiert? Wie hoch sind die Einsparungen, wie wurden sie in unterschiedlichen Landern verwendet oder verschwanden sie durch die Folgen der Abrustung?In acht Landerstudien (USA, Sudafrika, Deutschland, Rualand, Guatemala, Nigeria, China und Pakistan) analysieren die Autoren dieses Spannungsfeld von direkten Verbindungen zwischen niedrigeren Militarausgaben und positiven sozio-okonomischen Entwicklungen einerseits und der Komplexitat politischer und okonomischer Prozesse in einem langeren Zeitrahmen andererseits. Deutlich wird dabei vor allem auch die Relevanz landerspezifischer Besonderheiten.Der Band wird herausgegeben vom Internationalen Konversionszentrum Bonn (BICC), das sich vor allem durch sein seit 1999 im Nomos Verlag erscheinendes Jahrbuch conversion survey einen Namen gemacht hat.

The Peace Dividend

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Author :
Publisher : Elsevier Science Limited
ISBN 13 : 9780444824820
Total Pages : 640 pages
Book Rating : 4.8/5 (248 download)

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Book Synopsis The Peace Dividend by : N.P. Gleditsch

Download or read book The Peace Dividend written by N.P. Gleditsch and published by Elsevier Science Limited. This book was released on 1996-08-20 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: These papers demonstrate how different kinds of analytical approach can be used to anticipate the economic repercussions of systematic reduction of military spending. It is of interest to economists, scholars in peace studies and international relations, and government officials dealing with disarmament issues and economic restructuring.

Labour and Military Spending

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Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (811 download)

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Book Synopsis Labour and Military Spending by : Frank Allaun

Download or read book Labour and Military Spending written by Frank Allaun and published by . This book was released on 1990* with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Wages of Peace

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Publisher : SAGE Publications Limited
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Wages of Peace by : Nils Petter Gleditsch

Download or read book The Wages of Peace written by Nils Petter Gleditsch and published by SAGE Publications Limited. This book was released on 1994 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charts a middle course between the extravagant claims about the improvements in welfare and development to be funded by the peace dividend, and the dire assessments of how militarized economies would collapse as a result of disarmament.

The End of Military Fordism

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Publisher : A&C Black
ISBN 13 : 9781855674288
Total Pages : 362 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis The End of Military Fordism by : Mary Kaldor

Download or read book The End of Military Fordism written by Mary Kaldor and published by A&C Black. This book was released on 1998-04-22 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of a 2 volume analysis written by a team of key experts from around the world, this text studies the changes taking place within the military sector. The conclusion is that there has been little in the way of a 'peace dividend'.

Defense Spending And Economic Growth

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Publisher : Routledge
ISBN 13 : 0429715684
Total Pages : 234 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Defense Spending And Economic Growth by : James E. Payne

Download or read book Defense Spending And Economic Growth written by James E. Payne and published by Routledge. This book was released on 2019-03-13 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Report on Military Spending

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Report on Military Spending by : Members of Congress for Peace through Law. Military Spending Committee

Download or read book Report on Military Spending written by Members of Congress for Peace through Law. Military Spending Committee and published by . This book was released on 1970 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: