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Non-Military Justification for Investments in Military Technologies
1989It is sometimes assumed that non-military justifications play a part in the choice of the military technologies in which a country will invest. Such justifications, however, play no part in decisions on military technologies — or defence Research and Development (R and D) — on the part of countries which have a potential adversary, are ultimately ...
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Military Investments and Economic Growth in Developing Nations
Economic Development and Cultural Change, 1991In the 1980s much scholarly attention was paid to estimating the impact of Third World security sectors on domestic economic performance. Generally speaking, three branches of the pertinent literature can be identified. One branch consists of case studies of arms-producing less developed countries (LDC APs) to assess the level of sophistication and the
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GA in Military Equipment Investment Plan Application and Simulation
2010 International Conference of Information Science and Management Engineering, 2010Using GA (Genetic Algorithm) the paper discussed the cost-effective problem of military equipment RD (2) under the amount of development funds determined to predict the best R&D result with GA. The simulation results show that GA works well in investment cost-effective prediction and it`s easy to reverse finding the corresponding investment program ...
Yang Yuqi +3 more
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Growth, investment and military expenditure in the European Union‐15
Journal of Economic Studies, 2010PurposeThe purpose of this paper is to investigate the relationship between growth, investment and military expenditure in the case of the European Union‐15.Design/methodology/approachThe paper uses fixed panel models, random coefficient models and a trivariate VAR model to examine empirically the relationship between these three macroeconomic ...
Christos Kollias +1 more
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Investment or Overkill: Should Military Child Development Centers Be Accredted?
Armed Forces & Society, 1996This study examines whether accreditation of military child development centers (CDCs) pays off in a context of rigorous quality standards and aggressive compliance monitoring under the Military Child Care Act (MCCA) of 1989. To collect information about the value of accreditation, we reviewed accreditation standards and inspection documents, fielded ...
Gail L. Zellman, Anne S. Johansen
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Do Civilian Spin-offs Justify Investments in Military Technology?
1989Though reams have been written in an attempt to justify investments in military technology on the grounds of civilian spin-offs, a really convincing apologia has yet to appear. Useful civilian spin-offs are certainly the justification put forward by the military and it is quite true, of course, that there have been many such instances of some ...
Umberto Colombo, Giuseppe Lanzavecchia
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Factors influencing the modernization of military-investment economic appraisal systems
Defence and Peace Economics, 2013Budgetary restrictions resulting from the present international economic crisis have tightened the need to improve efficiency in defense spending, leading to the armed forces having to undertake their duties with fewer resources. Previous reports on the subject have looked into the determining factors and effects of military spending but very few ...
Andrés Navarro-Galera +3 more
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Military Spending and Private Investment: The Case of Israel
SSRN Electronic Journal, 2011This thesis analyzes the long-run Crowding Out Effect of military expenditures on investment in Israel from 1948 to 2009. Changes in military spending are expected to affect the real interest rate and investment since the government has to borrow in order to finance the expenditure.
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MILITARY SPENDING, INVESTMENT AND ECONOMIC GROWTH IN SMALL INDUSTRIALISING ECONOMIES
South African Journal of Economics, 2002An enduring and important debate in economics concerns the effects of military spending on economic growth. It has generated a huge literature, with a variety of results and no clear consensus. The end of the Cold War led to marked reductions in military burdens and to renewed concerns on whether this was likely to lead to a ‘peace dividend’ or a ...
JP Dunne, E Nikolaidou, R Smith
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Peace Dividends: The Exclusion of Military Contractors from Investment Portfolios
Journal of Peace Research, 1993There are many ways in which opposition to, or distaste for, the production of armaments and other equipment used for military purposes can be expressed. The purpose of this paper is to introduce to the peace studies literature the possibility that such views can find expression in the construction of equity investment portfolios.
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