01726cas a2200241 a 4500 AALejournalIMF004030 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843590 1018-5941 BD-DhAAL BD-DhAAL Hewitt, Daniel. Military Expenditures 1972-1990 : The Reasons Behind the Post-1985 Fall in World Military Spending / Daniel Hewitt. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students World military expenditures have fallen by over 20 percent in proportion to GDP from 1985 to 1990. This study examines the determinants of military expenditures in 125 countries during 1972-90 to ascertain what factors may be behind the recent decreases. Economic decline among developing countries in the 1980s and among industrial countries in the later part of the decade emerges as one possible factor. A second is the move towards more democratic regimes, which could diminish support for the military. A third factor is the improved world security situation and the concomitant decrease in military aid by the former major cold war combatants. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1993/018 Full text available on IMF http://elibrary.imf.org/view/journals/001/1993/018/001.1993.issue-018-en.xml IMF e-Library