Military Spending, the Peace Dividend, and Fiscal Adjustment /

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 s...

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Հիմնական հեղինակ: Clements, Benedict
Այլ հեղինակներ: Davoodi, Hamid, Debaere, Peter, Schiff, Jerald
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 1999.
Շարք:IMF Working Papers; Working Paper ; No. 1999/087
Առցանց հասանելիություն:Full text available on IMF
Նկարագրություն
Ամփոփում: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.
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Ֆիզիկական նկարագրություն:1 online resource (32 pages)
Ձևաչափ:Mode of access: Internet
ISSN:1018-5941
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