Defense Spending and Economic Growth - Couverture rigide

Couverture rigide

ISBN 10 : 036701100X ISBN 13 : 9780367011000

Editeur : Routledge, 2019

Synopsis

This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.

A propos du livre

À propos de l'auteur

James E. Payne

Détails de l'édition

• Éditeur: Routledge
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 036701100X
• ISBN 13: 9780367011000
• Reliure: Relié
• Nombre de pages: 296
• Éditeur: Payne James E.
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible