It takes the average reader and 39 minutes to read The Impact of Worldwide Military Spending Cutson Developing Countries by Mr.Tamim Bayoumi
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This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate that in developing countries the present value of consumption increases by 46 percent of 1992 GDP, compared to military expenditures cuts, in present value terms, of 33 percent of 1992 GDP. The gains reflect both the release of domestic resources and a positive international economic externality due to enhanced trade and lower world interest rates. Accordingly, the net debtor...
The Impact of Worldwide Military Spending Cutson Developing Countries by Mr.Tamim Bayoumi is 38 pages long, and a total of 9,804 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read The Impact of Worldwide Military Spending Cutson Developing Countries aloud.
The Impact of Worldwide Military Spending Cutson Developing Countries is suitable for students ages 8 and up.
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