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Military Expenditures 1972-1990 The Reasons Behind the Post-1985 Fall in World Military Spending

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 i...

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Bibliographic Details
Main Author: Hewitt, Daniel
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1993
Series:IMF Working Papers
Subjects:
Public Financial Management (pfm)
Personal Income
Public Finance & Taxation
National Budget
Expenditure
National Accounts
Income
Population & Demography
National Government Expenditures And Related Policies: General
Budget
Population And Demographics
Demographic Economics: General
Central Government Spending
Defense Spending
Budgeting
Budget Systems
Expenditures, Public
Personal Income, Wealth, And Their Distributions
Budgeting & Financial Management
Public Finance
Macroeconomics
Population
National Security And War
Demography
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:42 pages
ISBN:9781451843590

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