Military Spending, the Peace Dividend, and Fiscal Adjustment /

The end of the Cold War has ushered in significant changes in worldwide military spending. This paper finds that the easing of (1) international tensions, (2) regional tensions, and (3) the existence of IMF-supported programs are related to lower military spending and a higher share of nonmilitary s...

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Autor principal: Clements, Benedict
Altres autors: Davoodi, Hamid, Debaere, Peter, Schiff, Jerald
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1999.
Col·lecció:IMF Working Papers; Working Paper ; No. 1999/087
Accés en línia:Full text available on IMF