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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Bibliografische gegevens
Hoofdauteur: Clements, Benedict
Andere auteurs: Gupta, Sanjeev, Khamidova, Saida
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2019.
Reeks:IMF Working Papers; Working Paper ; No. 2019/196
Online toegang:Full text available on IMF