Defense Expenditures and Human Capital Development in the Middle East and South Asia
Looney, Robert E.
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It is often argued that the post 1973/74 expansion in military expenditures undertaken in the last several decades in the Middle East and South Asian region has pre-empted funds that might have otherwise been allocated to education and the improvement of human capital. As a result, military expenditures have tended to frustrate national development programmes, especially those of the non-oil exporting countries.
International Journal of Social Economics, vol.17, no. 10, 1990.Refereed Journal Article