Defense Spending And Economic Growth

Released on by James E. Payne
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  • Defense Spending And Economic Growth Book Detail

  • Author : James E. Payne
  • Release Date : 2019-03-13
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 286
  • ISBN 13 : 0429695675
  • File Size : 35,35 MB
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Defense Spending And Economic Growth by James E. Payne PDF Summary

Book Description: This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.

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Defense Spending And Economic Growth

Defense Spending And Economic Growth

File Size : 35,35 MB
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This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its i

Defense Spending and Economic Growth

Defense Spending and Economic Growth

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This book examines the effects of defense spending on economic growth and investigates how the changed world political climate is likely to alter the importance

Defense, Welfare and Growth

Defense, Welfare and Growth

File Size : 65,65 MB
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Expert essays bring together material from many developed and developing countries to determine how defense spending can affect welfare provision and economic g