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This chapter discusses whether the Middle East and North African (MENA) countries are prone to be cursed or blessed by … transmission channels are presented. Finally, we present to what extent MENA countries are affected by the curse, drawing on … existing literature as well as empirical data. The (scarce) literature shows that a resource curse may be underway in MENA …
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This study examines complementarities between inclusive development, military expenditure and political stability in the fight against terrorism in 53 African countries for the period 1998-2012. Hence the policy variables employed in the study are inclusive development, military expenditure and...
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"This book explores the causal link between GDP and military expenditure, and other economic and political indicators of the countries of different status of developments for the period of formal wars to till date. It surveys the interdependences between the national output and military or...
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In 1973 Emile Benoit published a seminal study which suggested that defence spending stimulated economic growth in Third World countries. His conclusion was based on a cross-national analysis of data for 44 developing countries over five years (1960–65). Specifically, Benoit found that after...
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Military expenditure in developing countries raises complex questions regarding growth, development, security and governance. This chapter provides an analytical survey of the effects and causes of defense spending in developing economies. Using stylized facts, theoretical models and empirical...
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