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Economic Consequences of Lower Military Spending

Economic Consequences of Lower Military Spending »

Source: Economic Consequences of Lower Military Spending : Some Simulation Results

Volume/Issue: 1993/17

Series: IMF Working Papers

Author(s): Jerald Schiff , Tamim Bayoumi , and Daniel Hewitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1993

ISBN: 9781451843460

Keywords: military, military expenditures, military spending, expenditures, arms

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 incre...

Economic Consequences of Lower Military Spending
			: Some Simulation Results

Economic Consequences of Lower Military Spending : Some Simulation Results »

Volume/Issue: 1993/17

Series: IMF Working Papers

Author(s): Jerald Schiff , Tamim Bayoumi , and Daniel Hewitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1993

DOI: http://dx.doi.org/10.5089/9781451843460.001

ISBN: 9781451843460

Keywords: military, military expenditures, military spending, expenditures, arms

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 incre...

The Peace Dividend
			: Military Spending Cuts and Economic Growth

The Peace Dividend : Military Spending Cuts and Economic Growth »

Volume/Issue: 1995/53

Series: IMF Working Papers

Author(s): Malcolm Knight , Delano Villanueva , and Norman Loayza

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1995

DOI: http://dx.doi.org/10.5089/9781451847338.001

ISBN: 9781451847338

Keywords: military spending, military, military expenditures, military expenditure

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 gro...

The Peace Dividend

The Peace Dividend »

Source: The Peace Dividend : Military Spending Cuts and Economic Growth

Volume/Issue: 1995/53

Series: IMF Working Papers

Author(s): Malcolm Knight , Delano Villanueva , and Norman Loayza

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1995

ISBN: 9781451847338

Keywords: military spending, military, military expenditures, military expenditure

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 gro...