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...

Полное описание

Библиографические подробности
Главный автор: Clements, Benedict
Другие авторы: Gupta, Sanjeev, Khamidova, Saida
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/196
Online-ссылка:Full text available on IMF