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Document Type

Article

Abstract

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.

Publication Date

1991

Journal Title

Draftings In

Volume

6

Issue

2

First Page

11

Last Page

18

Comments

This issue is also considered v.7 of the initial publication series of Major Themes in Economics.

Copyright

© 1991 by the Board of Student Publications, University of Northern Iowa

Language

en

File Format

application/pdf

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