De Facto Demilitarization

Budget-Driven Downsizing in Latin America

Datos Bibliográficos

ID4547262
AutoresPatrice Franko (Colby College, autor de correspondencia)
Año1994
Volumen36
Número1
Páginas37-74
Fecha de publicación1994-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Interamerican Studies and World Affairs (JOURNAL)
Identificadores de la revistaISSN: 0022-1937 • E-ISSN: 2162-2736
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/165862
OpenAlexW2783074441
IdiomaEN
Citas recibidas4
Referencias citadas10

The international financial community has recently joined the arms control community in scrutinizing the relationship between military spending and economic growth. The Independent Group on Financial Flows to Developing Countries, headed by Helmut Schmidt, recommended (inFacing One World) that priority in financial assistance be given to countries that spend less than 2% of their gross domestic product (GDP) on security (The Economist, 1991a: 61). Robert McNamara, past president of the World Bank as well as a former US Secretary of Defense, supported this proposal in his speech before the World Bank Annual Conference on Development Economics (April 1991), recommending that military expenditures, as a percentage of GDP, be reduced by 50%. Nicole Ball, inPressing for Peace: Can Aid Induce Reform?, argues cogently for conditioning international assistance on the initiation, or acceleration, of reforms in defense spending in the developing world (Ball, 1992

De facto · Developing country · Development economics · Economic growth · Economics · Gross domestic product · International community · Latin Americans · Political science · Politics · Defense, Military, and Policy Studies · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Law