TY  - BOOK
AU  - KHAN Lubna
AU  - ARIF Imtiaz
AU  - WAQAR Sundus
TI  - The impact of military expenditure on external debt: the case of 35 arms importing countries
PY  - 2021///
KW  - MILITARY EXPENDITURE
KW  - EXTERNAL DEBT
KW  - ECONOMIC GROWTH
KW  - FOREIGN RESERVES
KW  - ARMS IMPORTING COUNTRIES
N2  - More specifically, it was noted that military expenditure decreases external debt in Europe and Central Asia. Moreover, it was found that the interaction term of military expenditure and growth rate is positive and significant in all of the sub-samples, except upper-middle class, the Middle East and North Africa, and Latin American regions. Thus, it may be concluded that military expenditure often increases external debt burden in countries where the debt management system is weak
UR  - https://www.tandfonline.com/doi/full/10.1080/10242694.2020.1723239
ER  -