Budgetary trade-offs between defence, education and social spending in Greece
Christos Kollias and
Applied Economics Letters, 2011, vol. 18, issue 11, 1071-1075
We examine the presence of budgetary trade-offs between defence spending and welfare expenditure in the case of Greece, the country with the highest defence burden in the European Union. The findings reported herein point to a positive trade-off between education, social expenditure and defence.
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