The economic significance of military expenditure and the economic impact of disarmament

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: The analysis of the impact of military spending on national economies often produces different results depending on the time span studied (short or long term) and the countries (arms producers or not). Military spending in a nation is supposed to have a positive effect on a country's security, but this is difficult to assess because the defence budget is not necessarily well used as part of a deterrence or conflict strategy. However, it is interesting to measure their influence on employment, inflation, economic growth or investment and to determine the possible savings produced by international arms control and the political and economic costs and benefits to be linked between development and disarmament

Keywords: military spending; inflation; growth; employment; disarmament for development; arms industries; arms race.; dépenses militaires; croissance; emploi; désarmement pour le développement; industries d’armement; course aux armements. (search for similar items in EconPapers)
Date: 1991
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Published in [Research Report] UNIDIR, United Nations Institute for Disarmament Research. 1991

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