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War and military spending in developing countries and their consequences for development

Author

Listed:
  • Paul Collier

    (Oxford University)

Abstract

That military expenditure and conflict have adverse consequences for development is unsurprising but important. The policy challenge is to reduce them. I have suggested that substantial components of military expenditure could be reduced without jeopardizing security interests. Military expenditure does not appear to be an effective deterrent of rebellion, and, if it is reduced in a coordinated manner across a region then external security interests would be unaffected. The resources released by reduced military expenditure could be used to increase growth rates, and this in turn would gradually but effectively reduce the risk of internal conflict. Development, not military deterrence, is the best strategy for a safer society.

Suggested Citation

  • Paul Collier, 2006. "War and military spending in developing countries and their consequences for development," Economics of Peace and Security Journal, EPS Publishing, vol. 1(1), pages 10-13, January.
  • Handle: RePEc:epc:journl:v:1:y:2006:i:1:p:10-13
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    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/13
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    Citations

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    Cited by:

    1. Roya Izadi, 2022. "State Security or Exploitation: A Theory of Military Involvement in the Economy," Journal of Conflict Resolution, Peace Science Society (International), vol. 66(4-5), pages 729-754, May.
    2. Isiaka Akande Raifu & Alarudeen Aminu, 2023. "The effect of military spending on economic growth in MENA: evidence from method of moments quantile regression," Future Business Journal, Springer, vol. 9(1), pages 1-21, December.
    3. Fiaz Hussain & Shahzad Hussain & Naila Erum, 2015. "Are Defense Expenditures Pro Poor or Anti Poor in Pakistan? An Empirical Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 54(4), pages 875-894.
    4. Usman Khalid & Luke Emeka Okafor & Nusrate Aziz, 2020. "Armed conflict, military expenditure and international tourism," Tourism Economics, , vol. 26(4), pages 555-577, June.
    5. Tesfaye A. Gebremedhin & Astghik Mavisakalyan, 2013. "Immigration and Political Instability," Kyklos, Wiley Blackwell, vol. 66(3), pages 317-341, August.

    More about this item

    Keywords

    Peace; security; development;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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