000 01849naa a2200181uu 4500
001 0061013010337
003 OSt
005 20190211172729.0
008 100610s1988 xx ||||gr |0|| 0 eng d
100 1 _aLOONEY, Robert E.
_941103
245 1 0 _aBudgetary impacts of third world arms production
260 _aNew York :
_bMarcel Dekker,
_c1988
520 3 _aOne of the more intriguing empirical findings in recent years is evidence that a number of Third World economies experience a positive relationship between military expenditures and overall rates of economic growth. While this result has been found in a number of individual studies, no satisfactory explanation has been put forth - presumably defense expenditures have both positive spin-offs, tending to support growth, and a number of negative aspects such a crowding out of private sector investment which tend to reduce overall growth. It is something of a tautology therefore to argue that those countries experiencing net positive benefits from defense expenditure simply have an environment where the net positive effects predominate. The purpose of this paper is to show that Third World arms producers differ considerably in terms of budgetary priorities from their non producer counterparts. More importantly it can be demonstrated that differences in budgetary priorities between these two groups of countries is consistent with the fact that arms producers tend to obtain net positive benefits from military expenditures while non-producers find their overall rates of growth declining with increased allocations to defense
773 0 8 _tInternational Journal of Public Administration - IJPA
_g11, 5, p. 601-621
_dNew York : Marcel Dekker, 1988
_xISSN 01900692
_w
942 _cS
998 _a20100610
_b1301^b
_cDaiane
998 _a20100615
_b1204^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c34283
_d34283
041 _aeng