The global financial and economic crisis has resulted in many nations cutting back on all sorts of public spending, and yet military spending seems to be increasing. In fact world military expenditure is increasing tremendously in almost all world countries, even poor countries with low and...

During the past decade the Gulf cooperation council countries have achieved a remarkably high degree of trade and financial integration in the world economy. Before the global crisis began, they invested their abundant oil income which resulted from high energy prices and high world demand, in...

This paper attempts to construct a time series estimation of remittances from abroad to the Kerala economy for the period 1972 to 2000. It is now widely acknowledged that foreign remittances in the economy of the State of Kerala in India in the form of money sent by its workers in the Gulf...