Publication:
The Economic Consequences of Defense Expenditures in the Middle East

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Authors
Looney, R.E.
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Date of Issue
1994
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1994
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Abstract
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.
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Article
Description
METU Studies in Development 21:1, 1994.
Refereed Journal Article
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Citation
Looney, R.E., "The Economic Consequences of Defense Expenditures in the Middle East," METU Studies in Development 21:1, 1994.
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This 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.
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