Defense, Growth and Disarmament: A Reply
Looney, Robert E.
MetadataShow full item record
In a recent article in this journal, Lipow1 discusses our 1989 article (LF 1989),2 which had summarized some of our earlier work on the relationship between defense spending and economic growth in developing countries (LDCs). These studies, labeled as "unconvincing" by Lipow, indicated that defense spending may promote economic growth in the richer LDCs, which consequently might hinder any attempt to disarm. Li pow suggests that we "ignore the possibility that defense outlays could be replaced by development expenditures that will almost certainly generate higher growth rates"3 and asserts that internal security problems and verification procedures are in any case an even greater obstacle to disarmament. He lists three "troubling problems" with LF 1989: da~ reliability, financial versus economic costs, and the possibility of a spurious correlation.
Jerusalem Journal of International Relations, vol. 12, no.4, 1990.Refereed Journal Article
Showing items related by title, author, creator and subject.
Jaynes, Howard R. (Monterey, California. Naval Postgraduate School, 1999-09);A changing threat environment, decreasing defense budget, and need for modernization are forcing the Acquisition Process to reform policies and procedures. The Acquisition Process must develop initiatives to reduce both ...
Looney, Robert E.; Fredericksen, P.C. (1986-12);This study reexamines the relationship between growth and defense spending in developing countries. It differs from previous studies as it recognizes differences in the borrowing capacity of each country. We hypothesize ...
Pannell, Bobby J. (Monterey, California. Naval Postgraduate School, 1994-03);This thesis quantitatively analyzes the factors that affect weapon system cost growth after Milestone 2. The data from nine weapon systems was reconstructed by the Army and Navy from Selected Acquisition Reports (SARs) ...