MILITARY SPENDING AND ECONOMIC GROWTH IN SRI LANKA: A TIME SERIES ANALYSIS

In this paper, we employ a VAR analysis to examine the nexus between military spending and economic growth in Sri Lanka which, due to the civil war there, has witnessed a significant increase in military spending over the last three decades while also recording healthy economic growth. The study finds that, compared with non‐military spending, military spending exerts only a minimal positive impact on real GDP. Over a 10‐year period, a 1% increase in non‐military spending increases GDP by 1.6%. In contrast, military spending only increases GDP by 0.05%, suggesting that the economic benefits for Sri Lanka from a sustained peace may be considerable.     

Does military spending promote social welfare? A comparative analysis of the BRICS and G7 countries

Whether military spending is capable of promoting social welfare is currently a controversial issue. The aim of this paper is to investigate how military spending affects the input and output of social welfare (i.e. social welfare expenditures and social welfare index). A panel cointegration analysis and an impulse response function are conducted with multi-country panel data, over two time periods, 1998–2011 and 1993–2007. In addition, to extend a comparative analysis over different economies, BRICS (i.e. Brazil, Russia, India, China, South Africa) and G7 (i.e. the US, Japan, Germany, the UK, France, Italy, Canada) countries are selected as representatives of emerging economies and developed countries, respectively. The empirical results show that military spending enhances social welfare expenditures in developed countries, while the effect is ambiguous in emerging economies. Also, military spending is capable of promoting the social welfare index based on the FMOLS estimation. The comparative analyses indicate that unlike in the G7, the effect of the growth of military spending on the growth of social welfare expenditures is negative and shorter in the BRICS.     

The Millenials’ war: dilemmas of network dependency in today’s military

This work is about how the United States military has become dependent on networked technology. As arguably the largest contributor to national security, it has become so dependent that its chief doctrine integrates networked technology into nearly every specialty, with particularly intense focus on Network Centric Warfare. As the military’s old guard is replaced by the highly technical Millenial Generation, there is cause to pause when assuming this techno-acuity brings nothing but advantage and success. Vulnerabilities stemming from such extensive dependence offer opportunities for exploitation that have not gone unnoticed. The first step to moving forward from this point is to fully understand the extent to which the military has become dependent on computer networks. It might be the Millenials’ war today, but it would be quite unwise for the United States military to think about it and fight it in a purely Millenial way.     

Meanings of military ranks

This paper studies what kinds of meanings reserve officers ascribe to military ranks. The study builds on existing literature on reserve forces and hypothesizes that military ranks among reserve officers are subject to rendering the ranks with multiple meanings, and which are bound to create ambiguity of interpretation. To elaborate these theoretical insights a survey among Finnish reserve officers was conducted (N = 6193). The data was analyzed using factor analysis and correlation analysis. The results show that military ranks are ascribed, in addition to the functionalistic, hierarchical meaning, also with meanings of prestige, proficiency, and identity. The main theoretical contribution of the paper is in complementing the previous literature on ambiguity of military ranks by specifying four different meanings in the interpretation of the ranks.     

MODELS OF MILITARY EXPENDITURE AND GROWTH: A CRITICAL REVIEW

This paper reviews some of the theoretical and econometric issues involved in estimating growth models that include military spending. While the mainstream growth literature has not found military expenditure to be a significant determinant of growth, much of the defence economics literature has found significant effects. The paper argues that this is largely the product of the particular specification, the Feder–Ram model, that has been used in the defence economics literature but not in the mainstream literature. The paper critically evaluates this model, detailing its problems and limitations and suggests that it should be avoided. It also critically evaluates two alternative theoretical approaches, the Augmented Solow and the Barro models, suggesting that they provide a more promising avenue for future research. It concludes with some general comments about modelling the links between military expenditure and growth.     

LAND INEQUALITY AND CONFLICT IN LATIN AMERICA IN THE TWENTIETH CENTURY

Fiji's total debt stands at 65% of GDP. Domestic debt constitutes 55% of GDP. The goal of this paper is to investigate whether military expenditure has contributed to Fiji's exploding debt levels over the period 1970 to 2005. Our empirical analysis, conducted within a cointegration and vector error‐correction framework, suggests that, in the long‐run, military expenditure has had a statistically significant positive impact on both external debt and domestic debt, while income has had a statistically significant positive impact on domestic debt and a statistically significant negative impact on external debt. We explain the reasons behind this finding and draw some policy implications.     

Determinants of military expenditure and the role of globalisation in a cross-country analysis

Abstract

Anecdotal evidence offers conflicting views on the impact of globalisation on military expenditure. We contribute to the existing literature by investigating the effect of globalisation on military expenditure in 82 countries for the period, 1989–2012. After introducing economic and strategic variables into the model, we utilise the dynamic panel generalised method of moments system to estimate the relationship in the variables. The empirical findings reveal that globalisation reduces both military burden and real military expenditure. The findings are consistent, irrespective of the globalisation indicator adopted. The policy implications of the results are explained.     

Improvise,adapt and fail to overcome? Capacity building,culture and exogenous change in Sierra Leone

Military capacity building (MCB) is as problematic as it is ubiquitous, with the British experience in Sierra Leone providing a rare example of ostensible success. This article critiques the dominant conceptualisation of MCB as purely a principal–agent (PA) problem, using military change scholarship to examine the impact of wartime British intervention on the Sierra Leonean armed forces. Here, indigenous military change was both externally driven and fundamentally adaptive in nature, allowing MCB to bypass some of the difficulties predicted by PA models. However, this adaptive approach nonetheless failed to reconcile Western military values with prevailing Sierra Leonean culture, complicating post-war stabilisation efforts.     

抗日军政大学华中分校对青年马克思主义者的思想政治教育

抗战时期,新四军创办的抗日军政大学华中分校吸引了大批青年,通过马克思主义理论的学习和实践教学来开展思想政治教育工作。学校采取了灵活多样的思想政治教育形式,培养了大批军政干部,使青年学生提高了马克思主义理论水平,培养了艰苦朴素的作风,坚定了革命意志。其教学方法对当今的思想政治工作仍然具有现实的借鉴意义。     

Military Spending and Growth: The Role of Institutions

Recent literature on whether military spending affects economic growth argues that the relationship may be a conditional one. We add to this literature by considering the role that ‘good institutions’ play in the effect of military spending on growth. Using data from a sample of over 100 countries from 1988 to 2010, our analysis suggests that the effect of military spending on growth is generally negative or zero at best, and this effect is mitigated in the presence of good economic and political institutions.