Economic Growth, Military Expenditure, Arms Industry and Arms Transfer in Latin America

Luis Herrera-Lasso
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Luis Herrera-Lasso: Centro de Estudios Economicos y Sociales del Tercer Mundo Ac

Chapter 7 in The Economics of Military Expenditures, 1987, pp 113-138 from Palgrave Macmillan

Abstract: Abstract In order to understand the phenomenon of militarism in Latin America, we can always retake the Clausewitz maxim as a starting point: War is a continuation of politics by other means. The power politics approach and the ‘struggle for power’ serve us to understand why military force exists and why it is necessary within and among states. Nevertheless, the economic implications of this phenomenon are very often considered only as a result of a political fact.

Keywords: Latin American Country; Average Annual Growth Rate; Military Expenditure; Military Spending; Military Aircraft (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08919-2_7

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DOI: 10.1007/978-1-349-08919-2_7

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