Military expenditures, it has been argued, stimulate economic growth and improve a country's standard of living. Conversely, military expenditures have also been blamed for stifling economic growth by diverting into the military sector funds sorely needed for education, medical care, and social welfare. The history of many developing countries seems to support the view that military spending has become an obstacle to economic growth.
© 1991 by the Board of Student Publications, University of Northern Iowa
Armbrecht, Steven W.
"Military Expenditures in Developing Countries: Impetus or Obstacle to Economic Growth?,"
Draftings In: Vol. 6:
2, Article 4.
Available at: https://scholarworks.uni.edu/draftings/vol6/iss2/4