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|c 5.00 USD
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|z 9781451972139
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|a 1018-5941
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|a International Monetary Fund.
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|a How Resilient Are Military Expenditures in the Context of Fund-Supported Programs?
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
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|a 1 online resource (48 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines how military spending has been affected by Fund-supported programs. It looks at the changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) for two subsamples of Fund-supported programs, broadly divided into fiscal tightening and fiscal accommodating. Under fiscal tightening, the evidence suggests that MIL/GDP decreases during Fund-supported programs, but that MIL/EX increases, revealing resilience to budgetary adjustments. Under fiscal accommodation, as total government expenditure tends to increase, so does military expenditure; however, the ratio MIL/EX declines, as fewer additional resources are allocated to the military.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1988/048
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1988/048/001.1988.issue-048-en.xml
|z IMF e-Library
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