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Military Expenditure in Third World Countries: The Economic Effects
Military Expenditure in Third World Countries: The Economic Effects
By Saadet Deger
Routledge & Kegan Paul/New York: Methuen, 1986, 288 pp
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A careful study by an economist in Britain, which seeks to examine the economic costs and opportunities of defense spending in developing countries. Deger finds that increased military burdens ultimately depress growth by limiting savings, restricting investments and constraining economic development. She is judicious and comprehensive in covering all aspects of this controversial subject.