TY - JOUR PY - 1998// TI - Worldwide military spending, 1990–95 JO - Defence and peace economics A1 - Schiff, Jerald A1 - Gupta, Sanjeev A1 - Clements, Benedict SP - 237 EP - 281 VL - 9 IS - 3 N2 - The decline in military spending that began in the mid-1980s continued through 1995, and this decline was widespread both geographically and by level of development. Cuts in military spending appear to have potentially important implications for non-military spending and fiscal adjustment. In contrast to findings for previous periods, military spending has declined more than proportionately in those countries that have reduced total spending. Countries with Fund programs have reduced military spending more sharply than other developing countries, largely reflecting outcomes in the transition economies. Further, military spending appears to have been less resilient in program countries than other developing countries.
LA - SN - 1024-2694 UR - http://dx.doi.org/10.1080/10430719808404903 ID - ref1 ER -