War and Military Expenditure in Developing Countries and Their Consequences for Development.

That military expenditure and conflict have adverse consequences for development is unsurprising but important. The policy challenge is to reduce them. I have suggested that substantial components of military expenditure could be reduced without jeopardizing security interests. Military expenditure...

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Main Author: Collier, P
Format: Journal article
Language:English
Published: Economists for Peace and Security 2006
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author Collier, P
author_facet Collier, P
author_sort Collier, P
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description That military expenditure and conflict have adverse consequences for development is unsurprising but important. The policy challenge is to reduce them. I have suggested that substantial components of military expenditure could be reduced without jeopardizing security interests. Military expenditure does not appear to be an effective deterrent of rebellion, and, if it is reduced in a coordinated manner across a region then external security interests would be unaffected. The resources released by reduced military expenditure could be used to increase growth rates, and this in turn would gradually but effectively reduce the risk of internal conflict. Development, not military deterrence, is the best strategy for a safer society.
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spelling oxford-uuid:b6fb9cb4-0a39-4211-8372-a165ab01376b2022-03-27T04:45:05ZWar and Military Expenditure in Developing Countries and Their Consequences for Development.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:b6fb9cb4-0a39-4211-8372-a165ab01376bEnglishDepartment of Economics - ePrintsEconomists for Peace and Security 2006Collier, PThat military expenditure and conflict have adverse consequences for development is unsurprising but important. The policy challenge is to reduce them. I have suggested that substantial components of military expenditure could be reduced without jeopardizing security interests. Military expenditure does not appear to be an effective deterrent of rebellion, and, if it is reduced in a coordinated manner across a region then external security interests would be unaffected. The resources released by reduced military expenditure could be used to increase growth rates, and this in turn would gradually but effectively reduce the risk of internal conflict. Development, not military deterrence, is the best strategy for a safer society.
spellingShingle Collier, P
War and Military Expenditure in Developing Countries and Their Consequences for Development.
title War and Military Expenditure in Developing Countries and Their Consequences for Development.
title_full War and Military Expenditure in Developing Countries and Their Consequences for Development.
title_fullStr War and Military Expenditure in Developing Countries and Their Consequences for Development.
title_full_unstemmed War and Military Expenditure in Developing Countries and Their Consequences for Development.
title_short War and Military Expenditure in Developing Countries and Their Consequences for Development.
title_sort war and military expenditure in developing countries and their consequences for development
work_keys_str_mv AT collierp warandmilitaryexpenditureindevelopingcountriesandtheirconsequencesfordevelopment