THE RELATIONSHIP BETWEEN EXTERNAL DEBT,DEFENCE EXPENDITURES AND GNP REVISITED: THE CASE OF TURKEY

This paper contributes to the continuing debate on the economic effects of military expenditure by undertaking a case study of Greece. Within Europe Greece provides a particularly interesting object of study. It has the highest military burden in Europe and NATO, is the only European Union country situated in the unstable environment of the Balkans, faces a military threat from Turkey, and has a very weak economy. After some background analysis of the economy and military expenditure, the paper investigates the determinants of Greek military expenditure as well as whether the high military burden has played an important role in Greece's poor economic performance over the period 1960–1996. It estimates a Keynesian simultaneous equation model with a supply side, which allows the indirect effects of military expenditure to be captured explicitly. It concludes that the major determinants of Greek defence spending are not economic but strategic (the threat of war) and that the direct effect of defence spending on economic growth as well as the indirect effects through savings and trade balance are all significantly negative. On the basis of such strong results, the paper concludes that defence spending is harmful for the Greek economy.     

Military Expenditure,Endogeneity and Economic Growth

Abstract

While not always a concern for the general economic growth literature, the debate over the effects of military spending on growth continues to develop, with no consensus, but a deepening understanding of the limitations of previous work. One important issue that has not been adequately dealt with is the endogeneity of military spending in the growth equation, mainly because of the difficulty of finding any variables that would make adequate instruments. This paper considers this issue, using an endogenous growth model estimated on a large sample of 109 non-high-income countries for the period 1998–2012. The empirical analysis is framed within an instrumental variable setting that exploits the increase in military spending that occurs when unrest in a country escalates to turmoil. The estimation results show that endogeneity arising from reverse causality is a crucial issue, with the instrumental variable estimates providing a larger significant negative effect of military spending on growth than OLS would. This result is found to be robust to different sources of heterogeneity and different time periods.     

Externalities in Military Spending and Growth: The Role of Natural Resources as a Channel through Conflict

This investigation re-examines the potential sources of positive externalities for the relationship between military spending and economic growth using recent advances in panel estimation methods and a large data-set on military expenditure. The investigation provides a new analysis on the relationship between conflict, corruption, natural resources and military expenditure and their direct and indirect effects on economic growth. The analysis finds that the impact of military expenditure on growth is generally negative as in the literature, but that it is not significantly detrimental for countries facing higher internal threats and for countries with large natural resource wealth once corruption levels are accounted for.     

Military expenditure and economic growth in Middle Eastern countries and Turkey: a non-linear panel data approach

The economic growth effects of military expenditure have been the subject of a large literature in defence economics. Theories on the economic impacts of military expenditure greatly differ and include arguments that they either enhance economic growth or crowd out productive investments. Empirical literature on defence expenditure and economic growth nexus generally employs linear specifications to investigate the impact of defence expenditures on economic growth. Although it is now well established that many economic variables may have a non-linear data-generating mechanism, it seems that this reality has long been neglected in empirical work on defence–growth nexus. This paper attempts to fill this gap by employing non-linear panel data models to examine the effects of military expenditures on economic growth for Middle Eastern countries and Turkey, for the time period 1988–2012. Results show that the effect of military expenditure on economic growth is nonlinear such that the state of the economy actually determines the effect of the former on the latter. This is important not only in showing asymmetric relationship between these variables but also in revealing the reasons of mixed results of earlier literature.     

The impact of military spending and income inequality on economic growth in Turkey

An extensive literature on the effect of military expenditures on economic growth yields conflicting results. However, a crucial issue that has not been investigated in this context is the possible effect of inequality. The impact of military expenditures on economic growth in Turkey has also received substantial attention. Yet, the majority of these studies are not constructed based on a structural model, but rather examine the causality between the variables in question. Considering these two shortcomings in the literature and the lack of consistent results, this study attempts to provide further evidence for the relationship between military expenditures and economic growth for the case of Turkey by considering income inequality within an augmented Solow growth model. Our findings for the 1963–2008 period show that while income inequality has a positive impact on economic growth, military expenditures have no significant effect.     

空天防御效能指标及其标准值的确定方法

空天领域的对抗决定了未来军事行动的进程和战争的胜败,空天威胁也已经成为各国国家军事安全的主要威胁。军事强国的全球打击系统、快速打击系统和弹道导弹的迅猛发展使得未来空天防御作战环境越来越复杂,也对空天防御作战提出了更高要求。空天防御是信息化空天时代的主要作战样式之一,是维护国家安全的重要屏障。本文提出了空天防御的充分性准则以及保证空天防御充分性的主要途径,分析了拟制空天防御力量行动方案的一般流程。文中所提出的空天防御效能指标以及确定和保证标准值指标的方法,能够从经济学视角较为合理、充分地构建和实施空天防御,对空天防御作战规划理论建议有一定参考价值,也能为发展空天防御作战规划系统提供研究思路和技术支撑。     

战场自然环境对军事行动影响

战场自然环境是影响作战的重要因素,文章研究战场自然环境对军事行动影响,详细介绍了战场自然环境综合分析、高寒山地环境对军事行动影响分析、海洋环境对军事行动影响分析等方面研究内容,并在此基础上给出了动态战场自然环境对军事行动影响分析评估框架。     

军用数字地图中政区的构建及绘制方法

依据境界之间的拓扑数据,采用拓扑分析、边界追踪、边界闭环构建、边界约束下的凸分解、区域填充和边界符号化等技术手段,提出了OpenGL渲染环境下军用数字地图政区的构建方法.通过具体的软件开发和真实数据的测试,证明该方法生成政区准确、符号美观,可适用于不同比例尺下数字地图的显示.该算法具有较强的通用性,遵循国军标的相关规定,已经在相关数字地图软件中得以应用.     

Pakistan’s nuclear future: continued dependence on asymmetric escalation

ABSTRACT

In 2019, the geostrategic landscape of South Asia significantly changed. A crisis between India and Pakistan involved air strikes across international boundaries for the first time since the 1971 war. Pakistan came close to economic collapse, while India re-elected hawkish Narendra Modi as prime minister in a landslide. These developments, alongside the United States’ efforts to strike a deal to leave Afghanistan and rapidly improving US-India relations, portend new challenges for Pakistan’s security managers—challenges that nuclear weapons are ill-suited to address. Despite the shifting security and political situation in the region, however, Pakistan’s nuclear posture and doctrine seem unlikely to change. This article explores the roots of Pakistan’s reliance on the traditional predictions of the nuclear revolution, most notably the notion that nuclear-armed states will not go to war with one another, and argues that this reliance on nuclear deterrence is a response both to Pakistan’s security environment and to serious constraints on moving away from nuclear weapons toward an improved conventional force posture. Pakistan’s central problems remain the same as when it first contemplated nuclear weapons: the threat from India, the absence of true allies, a weak state and a weaker economy, and few friends in the international system. While 2019 may have been a turning point for other states in the region, Pakistan is likely to stay the course.     

Military spending and economic growth in South Africa

This paper undertakes an empirical analysis of the economic effects of military spending on the South African economy. It estimates a neo‐classical model common in the literature at the level of the macroeconomy and at the level of the manufacturing sector. An attempt is made to improve upon the model by allowing the data to determine the dynamic structure of the model through an ARDL procedure. No significant impact of military spending is found in aggregate, but there is a significant negative impact for the manufacturing sector. This suggests that the cuts in domestic military procurement that have occurred since 1989 could lead to improved economic performance in South Africa through their impact on the manufacturing sector.     

Risk communication within military decision-making: pedagogic considerations

Risk management is a decision-support process and a vital tool for military planning and decision-making. Today, several nations utilize risk-based approaches to analyze the level of security in military operations. There are both strengths and challenges in applying risk-based approaches to support military decisions. In this article, the challenges related to risk communication are investigated with the aim of describing how a military organization should train to create a good environment for effective risk communication. The analysis finds that it is important for the organization to define and consistently use a shared risk understanding. Such a shared risk understanding will need a systematic development process that focuses on the future decision makers’ and analysts’ education and training. To reach understanding, all involved parties must have the chance to identify the problem, reflect on its implications, test different solutions and develop a solution.     

经济视野的新时期军事安全战略

经济全球化深刻影响和改变了世界经济、政治、军事安全形势,促使我们探索新时期的国家军事安全战略。本文试图由经济视角透视新时期军事安全战略,简要分析了经济全球化背景下我国军事安全面临的挑战,强调经济安全是新时期军事安全战略的立足点和重要战略目标,并探讨了经济软实力作为非战争军事斗争方式的运用及经济全球化影响下的新时期军事安全战略的特征。     

美军飞机易损性实弹测试现状及启示

飞机易损性分析与评估是指对飞机在战斗状态下遭受攻击后受损的难易程度的评价,是衡量飞机战斗性能的重要指标。研究飞机易损性对于飞机高生存力设计和飞机战伤预测评估具有重要意义。本文首先简要介绍了飞机易损性分析的一般方法与流程,收集并整理了美军飞机易损性实弹测试的历史沿革和条件建设现状,同时以F-35整机、F135发动机和C27机翼油箱为例介绍了易损性实弹测试的方法。可以发现,在制度层面上,美军已经形成了由实弹测试机构、装备供应商以及军队用户三方联合协作的标准化、制度化的飞机易损性实弹测试体系;同时,其所建立的实弹测试平台力求更加真实地模拟战场环境,能够有效实现部件/子系统在特定工况下使用功能的监控,测试结果能够有效支撑飞机毁伤树与部件/子系统毁伤判据的构建,从而确保测试结果可以有效指导飞机的低易损性设计。     

虚拟现实技术的军事应用

虚拟现实(VirtualReality,简称VR)技术属于国防高科技发展的重要领域,迄今已成为开发研制大型军事电子信息系统、复杂武器装备、作战环境下多武器平台和体系对抗的重要工具。VR技术作为人类认识客观世界和改造客观世界的有效手段正日益发挥着重要的作用。扼要阐述VR技术的内涵与特点、构成与关键技术及其军事应用。     

The Demand for Military Spending in Egypt

Egypt plays a pivotal role in the security of the Middle East as the doorway to Europe and its military expenditure reflects its involvement in the machinations of such an unstable region, showing considerable variation over the last 40?years. These characteristics make it a particularly interesting case study of the determinants of military spending. This paper specifies and estimates an econometric model of the Egyptian demand for military spending, taking into account important strategic and political factors. Both economic and strategic factors are found to play a role in determining military burden/spending, with clear positive effects of lagged military burden, suggesting some sort of institutional inertia, plus negative output and net exports effects. The strategic effect as a result of the impact of Israel’s military burden is mostly positive and significant, though its impact is reduced when the impact of important strategic events are taken into account. The military spending of Egypt’s allies Jordan and Syria generally seems to have had no effect on Egypt’s spending. These results are consistent over a range of econometric techniques.     

Iran's nuclear programme: civil and/or military goals?

The ultimate goal of Iran's nuclear programme remains uncertain. While the nuclear reactor of Bushehr has finally been connected to the power grid, the nuclear fuel enrichment activities and their location cause concern to the international community. Thirty years of nuclear investments demonstrate a negative cost–benefit analysis: technical constraints and economic and infrastructural requirements constitute a burden on the implementation of a nuclear programme. This article analyses the economic, legal, technical and political aspects of the Iranian programme in order to uncover its civil and/or military finality.     

A Nonlinear Model of Military Expenditure Convergence: Evidence From Estar Nonlinear Unit Root Test

The paper builds a model to empirically test military expenditure convergence in a nonlinear set up. We assert that country A chooses a military strategy of catching up with the military expenditure of its rivals, subject to public spending constraints on public investments, including health and education, leading to decrease in long-term economic welfare. This implies nonlinear convergence path: only when the military expenditure gap between countries reaches the threshold level, will it provide incentives to catch up with rival’s military expenditures. We test this nonlinear catching up hypothesis for 37 countries spanning from 1988 to 2012. Results from individual nonlinear cross-sectionally augmented Dickey–Fuller (NCADF) regression indicate that 53% of countries converge to world’s average military expenditure: where 39% of countries converge to Germany; 33% of countries converge to China; 22% of countries converge to the USA, and 11% of countries converge to Russia. Interestingly, USA does not exhibit nonlinear military expenditure convergence toward world’s average level. For panel NCADF regression, the result suggests that on average, there is evidence for countries converging to USA’s military expenditure at 10% significance level. For the convergence to the world’s average, the statistical significance is at the 1% significance level.     

MILITARY EXPENDITURE AND ECONOMIC GROWTH

This paper tests the relationship between military expenditure and economic growth by including the impact of the share of military and civilian components of government expenditure in an economic growth model with endogenous technology. In this framework, we empirically consider the hypothesis of a non‐linear effect of military expenditure on economic growth. Differences between the costs and benefits of the defence sector has traditionally explained the non‐linear relationship suggesting that shocks to insecurity may also be a source of non‐linearity as they determine a re‐allocative effect within government expenditure. While parametric partial correlations are in line with empirical findings, the robustness of estimations is tested by using a non‐parametric approach. The negative relationship between military expenditure and growth in countries with high levels of military burden predicted by theory becomes significant only after including a proxy for re‐allocative effects in the growth equation.     

Military Spending,Conflict and External Debt in Sub-Saharan Africa

The damaging economic effects of the debt crises on Africa in the late 1980s encouraged considerable research on the determinants of external debt in developing economies. Although sub-Saharan Africa's (SSA) debt was cut by two-thirds by 2008, through two debt relief programmes, debt in the region has since been rising at an increasingly rapid pace. This study provides an empirical analysis of the determinants of external debt in SSA over the period 1960–2016, using dynamic panel methods. It also considers two potentially important factors that have received relatively little attention. One is military spending, rarely considered, despite a number of well-publicised scandals over the procurement of unnecessary and expensive high-tech weapons systems. A second, is the possibility that the countries studied have been involved in conflict. The empirical results point to a positive impact of military spending on external debt, but with some evidence of heterogeneity across the countries. Furthermore, findings indicate that the positive effect of military expenditure on debt becomes more marked in countries that have been affected by conflict. These results imply that policies to improve security and reduce military spending could be beneficial in reducing external debt and, potentially, improving economic performance in the region.     

贯彻强军目标 创设良好思想政治工作环境

强军目标是新时期军队建设的行动纲领。思想政治建设必须围绕强军目标展开。军队思想政治工作受所处环境的影响和制约。贯彻强军目标创设良好的思想政治工作环境,首先要从本单位自身做起,建设净化优美的军营“小环境”,塑造军营环境的“奋斗之关”“陶冶之美”“形象之美”,增强思想政治工作环境的推动力、感染力和约束力。