The Impact of Worldwide Military Spending Cutson Developing Countries /

This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the present value of consumption increases by 46 percent of...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Symansky, Steven
Weitere Verfasser: Bayoumi, Tamim, Hewitt, Daniel
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1993.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1993/086
Online Zugang:Full text available on IMF