Defense Spending And Economic Growth is popular PDF and ePub book, written by James E. Payne in 2019-03-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Defense Spending And Economic Growth can be Read Online from any device for your convenience.
Defense Spending And Economic Growth Book PDF Summary
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Detail Book of Defense Spending And Economic Growth PDF
- Author : James E. Payne
- Release : 13 March 2019
- Publisher : Routledge
- ISBN : 9780429695674
- Genre : Business & Economics
- Total Page : 286 pages
- Language : English
- PDF File Size : 9,9 Mb
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