000 01213cam a2200169 4500
100 1 _aKHAN Lubna
700 _aARIF Imtiaz
700 _aWAQAR Sundus
245 _aThe impact of military expenditure on external debt:
_bthe case of 35 arms importing countries/
_cLubna Khan, Imtiaz Arif and Sundus Waqar
260 _c2021
520 _aMore 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.
650 _aMILITARY EXPENDITURE
_xEXTERNAL DEBT
_xECONOMIC GROWTH
_xFOREIGN RESERVES
_xARMS IMPORTING COUNTRIES
773 _aDefence and Peace Economics:
_gVol 32, No. 5, August 2021, pp.588-599
598 _aECONOMICS, ARMSEXPEND, MILITARY, DEFENCE
856 _uhttps://www.tandfonline.com/doi/full/10.1080/10242694.2020.1723239
_zClick here for full text
945 _i66741.1001
_rY
_sY
999 _c40864
_d40864