Is Military Spending Converging Across Countries? : An Examination of Trends and Key Determinants /

This paper studies the evolution of worldwide military spending during 1970-2018. It finds that military spending in relation to GDP is converging, but into three separate groups of countries. In the largest group, responsible for 90 percent of worldwide spending, outlays have remained stubbornly hi...

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Dettagli Bibliografici
Autore principale: Clements, Benedict
Altri autori: Gupta, Sanjeev, Khamidova, Saida
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/196
Accesso online:Full text available on IMF