Military Expenditure: International Comparison of Trends

Military Expenditure: International Comparison of Trends
ISBN-10
1451847424
ISBN-13
9781451847420
Category
Business & Economics
Pages
52
Language
English
Published
1991-05-01
Publisher
International Monetary Fund
Author
Mr.Daniel P. Hewitt

Description

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.

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