Paper prepared for the United Nations Development Programme (UNDP), Human Development Report 1992. The reduction in tension between the superpowers offers the opportunity to release funds, a peace dividend that could be put to constructive use. This paper considers whether this opportunity, as...

This study investigates the role of inclusive human development and military expenditure in fighting terrorism in 53 African countries for the period 1998-2012. The empirical evidence is based on contemporary, non-contemporary and instrumental variable Fixed Effects regressions. Inclusive...

Military spending can have positive or negative impact on economies. In the empirical literature, there is evidence for both hypotheses. In practice, the effect of military spending on the economy will depend on the geographic context and the type of military spending. The Middle East and North...