The Economics of Military Expenditure: A Literature Review

Latif Wahid

Chapter 2 in Military Expenditure and Economic Growth in the Middle East, 2009, pp 15-45 from Palgrave Macmillan

Abstract: Abstract Since ancient times, man has shaped its existence and surroundings by the use of force more than anything else. Indeed, the use of collective force in the form of military activity has been regarded as necessary for the protection of established civilisations as well as for expanding the boundary of existing ones. The epic journeys of warriors in ancient Babylon, ancient Greece and the Roman Empire, Islamic conquerors and the Mongols were all based on warriors seeking to defeat the enemy or to acquire and rule new territories under various pretexts.

Keywords: Economic Growth; Middle East; Purchase Power Parity; Military Expenditure; Military Spending (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25076-5_2

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DOI: 10.1057/9780230250765_2

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