The Impact of Worldwide Military Spending Cuts on Developing Countries

1998 ◽  
Vol 20 (3) ◽  
pp. 261-303 ◽  
Author(s):  
Tamim Bayoumi ◽  
Daniel Hewitt ◽  
Steven Symansky
Author(s):  
Joshua Alley

Abstract How does alliance participation affect military spending? Some argue that alliance membership increases military expenditures, while others contend that it produces spending cuts. I argue that deep formal defense cooperation modifies the impact of alliance participation on military expenditures and can explain increases and decreases in spending by small alliance members. Security-seeking junior members of deep alliances usually decrease military spending because these treaties are more credible. Joining shallow alliances often increases junior alliance member military spending, however. I test the argument by creating a latent measure of alliance treaty depth and using it to predict differences in how alliance participation affects military spending. The research design generates new empirical evidence linking alliance participation and percentage changes in state military spending from 1919 to 2007. I find that deeper alliance treaties tend to decrease military spending by junior alliance members, and shallow alliances often increase military spending. These results help scholars and policymakers better understand a central question about alliance politics that has been debated in scholarship for decades.


1993 ◽  
Vol 93 (96) ◽  
pp. 1
Author(s):  
Steven A. Symansky ◽  
Tamim Bayoumi ◽  
Daniel P. Hewitt ◽  
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2011 ◽  
Vol 52 (6) ◽  
pp. 478-502 ◽  
Author(s):  
Edward L Kick ◽  
Laura A McKinney ◽  
Gretchen H Thompson

US and world military expenditures have increased dramatically in the last decade. Some cross-national treatments identify positive impacts of military spending on a range of domestic outcomes, while many others point to the converse. We review the literature and then focus on under examined relationships, including the impact of military expenditures on the intensity of food deprivation worldwide. We employ a structural equation modeling technique that permits synthetic analyses of direct and indirect impacts of a range of factors specified by the theories. We find world-system context indirectly matters a great deal to the intensity of food deprivation in nations, both in our sample of developed and developing nations, and of developing countries only. So do intra-national and international conflicts, especially insofar as they impact national modernization and military spending. While modernization is moderately enhanced by military spending for our cross-national sample of developed and developing countries, it is not for the sample of developing countries only. This may point to military technology’s spill over effects on other sectors of the economy, but solely for developed nations. For the world over, national modernization, itself a consequence of global power and dependency, directly reduces the intensity of food deprivation, while military expenditures directly heighten it. These differential relationships lead us to advocate for a more synthetic theorizing in studies of food security and hunger, while accounting for global circumstances that produce both similar and different consequences in richer and poorer countries.


2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.


2017 ◽  
Vol 25 (1) ◽  
pp. 47-65
Author(s):  
Tapiwa V. Warikandwa ◽  
Patrick C. Osode

The incorporation of a trade-labour (standards) linkage into the multilateral trade regime of the World Trade Organisation (WTO) has been persistently opposed by developing countries, including those in Africa, on the grounds that it has the potential to weaken their competitive advantage. For that reason, low levels of compliance with core labour standards have been viewed as acceptable by African countries. However, with the impact of WTO agreements growing increasingly broader and deeper for the weaker and vulnerable economies of developing countries, the jurisprudence developed by the WTO Panels and Appellate Body regarding a trade-environment/public health linkage has the potential to address the concerns of developing countries regarding the potential negative effects of a trade-labour linkage. This article argues that the pertinent WTO Panel and Appellate Body decisions could advance the prospects of establishing a linkage of global trade participation to labour standards without any harm befalling developing countries.


1996 ◽  
Vol 35 (2) ◽  
pp. 189-190
Author(s):  
Mir Annice Mahmood

This book, hereinafter referred to as the Guide, has been developed for those social analysts (e.g., anthropologists, sociologists, and human geographers) who have had little or no practical experience in applying their knowledge as development practitioners. In the past, development projects would be analysed from a narrow financial and economic perspective. But with the evolution of thinking on development, this narrow financial and economic aspect has now been broadened to include the impact on society as the very meaning of development has now come to symbolise social change. Thus, development is not restricted only to plans and figures; the human environment in its entirety is now considered for analysis while designing and implementing development projects.


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