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...

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Detalhes bibliográficos
Autor principal: Symansky, Steven
Outros Autores: Bayoumi, Tamim, Hewitt, Daniel
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1993.
Colecção:IMF Working Papers; Working Paper ; No. 1993/086
Acesso em linha:Full text available on IMF