01764cas a2200241 a 4500 AALejournalIMF010102 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972139 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. How Resilient Are Military Expenditures in the Context of Fund-Supported Programs? Washington, D.C. : International Monetary Fund, 1988. 1 online resource (48 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 This paper examines how military spending has been affected by Fund-supported programs. It looks at the changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) for two subsamples of Fund-supported programs, broadly divided into fiscal tightening and fiscal accommodating. Under fiscal tightening, the evidence suggests that MIL/GDP decreases during Fund-supported programs, but that MIL/EX increases, revealing resilience to budgetary adjustments. Under fiscal accommodation, as total government expenditure tends to increase, so does military expenditure; however, the ratio MIL/EX declines, as fewer additional resources are allocated to the military. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/048 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/048/001.1988.issue-048-en.xml IMF e-Library