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

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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)

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

Suggested Citation

  • Jacques Fontanel, 1991. "The economic significance of military expenditure and the economic impact of disarmament," Working Papers hal-02960094, HAL.
  • Handle: RePEc:hal:wpaper:hal-02960094
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02960094
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-02960094/document
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    References listed on IDEAS

    as
    1. Stephen Martin & Ron Smith & Jacques Fontanel & H. Haan, 1987. "Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK," International Economic Association Series, in: Christian Schmidt & Frank Blackaby (ed.), Peace, Defence and Economic Analysis, chapter 16, pages 342-362, Palgrave Macmillan.
    2. Hans-Christian Cars & Jacques Fontanel, 1987. "Military Expenditure Comparisons," Post-Print hal-02957036, HAL.
    3. Deger, Saadet & Sen, Somnath, 1990. "Military Expenditure: The Political Economy of International Security," OUP Catalogue, Oxford University Press, number 9780198291411.
    4. Hans Christian Cars & Jacques Fontanel, 1987. "Military Expenditure Comparisons," International Economic Association Series, in: Christian Schmidt & Frank Blackaby (ed.), Peace, Defence and Economic Analysis, chapter 12, pages 250-265, Palgrave Macmillan.
    5. Ron Smith & Anthony Humm & Jacques Fontanel, 1985. "The Economics of Exporting Arms," Journal of Peace Research, Peace Research Institute Oslo, vol. 22(3), pages 239-247, September.
    6. Mr. Daniel P. Hewitt, 1991. "Military Expenditure: Econometric Testing of Economic and Political Influences," IMF Working Papers 1991/053, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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