TY  - BOOK
ED  - International Monetary Fund.
TI  - How Resilient Are Military Expenditures in the Context of Fund-Supported Programs?
T2  - IMF Working Papers; Working Paper
SN  - 145197213X :
SN  - 1018-5941
PY  - 1988///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Expenditure
KW  - imf
KW  - Government Expenditure
KW  - Military Expenditures
KW  - Military Spending
KW  - Military
KW  - Dominican Republic
KW  - Gabon
KW  - Romania
KW  - Sri Lanka
KW  - United States
N2  - This paper examines how military spending has been affected by Fund-supported programs. It looks at the changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) for two subsamples of Fund-supported programs, broadly divided into fiscal tightening and fiscal accommodating. Under fiscal tightening, the evidence suggests that MIL/GDP decreases during Fund-supported programs, but that MIL/EX increases, revealing resilience to budgetary adjustments. Under fiscal accommodation, as total government expenditure tends to increase, so does military expenditure; however, the ratio MIL/EX declines, as fewer additional resources are allocated to the military
UR  - http://elibrary.imf.org/view/IMF001/15797-9781451972139/15797-9781451972139/15797-9781451972139.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451972139
ER  -