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The Impact of Worldwide Military Spending Cutson Developing Countries

The Impact of Worldwide Military Spending Cutson Developing Countries »

Source: The Impact of Worldwide Military Spending Cutson Developing Countries

Volume/Issue: 1993/86

Series: IMF Working Papers

Author(s): Steven Symansky , Tamim Bayoumi , and Daniel Hewitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

ISBN: 9781451850802

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

This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate tha...