Guns-butter tradeoff in contemporary China /

WANG Yu

Guns-butter tradeoff in contemporary China / Yu Wang. - 2014

Based on analysis of data for the period 1952-2006 this article reports that there is a budgetary tradeoff between defense and social welfare spending in China and further sugests that military Keynesian spending would not be beneficial for the county.


CHINA--DEFENCE SPENDING
CHINA--SOCIAL WELFARE SPENDING