Dépenses militaires et développement économique

Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: Military spending is little studied by economists and is often presented as unproductive. It's quickly forgetting the need for security. In some contexts, military spending can have a positive effect on growth, although in other periods the reverse has also happened. Rather, the question is who is the cause and who is simply the effect. The same is true for investment and employment, the military nature of which can sometimes lead to crowding out as well as spillover effects. Overall, military spending has a favourable effect on inflationary pressures, especially if the national arms industry does not sell abroad. Finally, the developed countries mainly exert the military effort, but it is not possible to say that it constitutes a condition for economic development, but mainly a condition of power and a fight against possible predation.

Keywords: Economic growth; Investment; Military expenditure; Economic development; Balance commerciale; Croissance; Dépenses militaires; Développement économique; Investissement; Inflation (search for similar items in EconPapers)
Date: 1986
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Published in ARES, 1986, La course aux armements et le désarmement, 1986, pp.39-66

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