The Economic Consequences of Defense Expenditures in the Middle East
MetadataShow full item record
Since the Middle East has the highest defense burden (defense expenditures as a share of gross domestic product) in the developing world, it is of some interest to assess the extent military expenditures have influenced national efforts at expanding investment. The purpose of this paper, therefore, is to assess whether military expenditures in five of the major defense spenders, namely Algeria, Egypt, Syria, Israel, and Saudi Arabia, have been at the expense of physical capital accumulation as well as other macroeconomic aggregates.
METU Studies in Development 21:1, 1994.Refereed Journal Article
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
Showing items related by title, author, creator and subject.
Defense Expenditures and Savings in Pakistan: Do Allocations to the Military Reduce National Savings? Looney, Robert E. (1995);Recent academic literature on defense expenditures stresses a number of potential tradeoffs between allocations to the military and key macroeconomic aggregates. However to date no systematic research'has been conducted ...
Tekeoglu, Ertugrul (Monterey, California: Naval Postgraduate School, 2008., 2008-06);This thesis set out to find the relationship, if any, between defense spending and economic growth for Turkey, and to discuss the policy implications of the empirical results. Since Turkey has one of the largest defense ...
Looney, Robert E. (1987-12);Relatively few studies have examined the patterns of government spending policy in developing countries and, in particular, the amount of central government budgets allocated to defense. In an early work, Martin and Lewis ...